jamwolf, 30 some million cash will not increase when the sp increases, therefore, as TRO chairman stated in the voting meeting, TRO's zinc asset is diluted by HRR's cash when sp goes up.
HRR probably wouldnt get much out of KNP, that's why HRR couldn't put a IRR figure for the project, instead, emphasize the scale of the project.
Woodlawn is not a proven deposit, they just have some historical drilling result.
all imo.
HRR Price at posting:
14.5¢ Sentiment: Hold Disclosure: Not Held
TRO Price at posting:
6.1¢ Sentiment: Hold Disclosure: Not Held
