Proactive Investors write up.
https://bit.ly/3GglVM2
"New focus and reinvigorateFollowing legislative and administrative changes in Greenland during 2021, the company intends to broaden its project portfolio and is seeking new opportunities in related technology minerals and metals sectors to create shareholder value."
If you read up the old announcements for Medallion Resources, and scope out the balance sheet, it's cash starved and on last legs.
https://finance.yahoo.com/quote/mdl.v/
Sort of sounds like the GGG, just inadvertently became a lifeboat. But the new MD, might have some story to play out, the paragraph with the tilt to technology is interesting.
May not stop or fix the short-term problems coming Jan (regards to needing Uranium exposure to maintain fund inclusion; or risk being phase out of the UxC publication, and thus the Index Universe for URA), but looks to be some clever deployment of cash. The IP play can obviously extract out some royalties if they miraculously sign up a willing participant.
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