I gather a lot of LCYers hold HAW, hence why there is so much HAW ramping. I never really here a clear argument why its so good, except for its obvious 32% in MT Bev (LCY holds shares in HAW)and they expect a t/o.
When I look at HAW I see a company with 1 billion + shares, no money, run into the ground by management and a few good tenements. From what I understand from NMDC, they are not looking at any more ore, they are looking at coal etc....didnt even hear gold mentioned.
The way it will go down is LCY will bring Mt Bev up to the 3.5 mill obligation, HAW will have to produce their cash for the rest, they cant cap raise with that many shares, so consolidation and massive dilusion or LCY offers them a cash offer at the bottom of the scale (like the original deal) and HAW has a a few million less one great tenement.
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