I dunno whether it's that much better for Ore than Gxy .... what are they getting really besides about a 60% stake in : SDV, which isn't even running, a hard rock deposit in Canada which basically is still in 'gunna be one day' mode, and a mine in WA which is nearing it's end by date. They already have plenty to work with. Meanwhile, we are getting a good stake in a conversion facility which should be operational in the pretty near future, a producing mine in Argentina which is being expanded, and about $60M in debt. It also appears that the directors of Ore are pretty livewire, which we can't really say for our guys. if it wasn't for this proposed merger, I think we would just be soldiering on without much change, or someone will try to take us over for a pittance. Just my thoughts on the proposed merger, but as far as I am concerned, it is exciting!
GXY Price at posting:
$3.79 Sentiment: Buy Disclosure: Held