Brownstone International has just paid 8.5 cents for 17M shares. Is that a sign of exploration optimism or does Brownstone want to buy this company? Their holding stands at 18%. Forget the molybdenum project and the price of moly this is either an extremely generous gesture or a very well informed punt on finding further riches.
At 4c its a good short term bet on exploration results and a longer term hold until the price of Moly rises, if ever.
Brownstone International has just paid 8.5 cents for 17M shares....
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