re: Ann: Local Community Grants Access to Apu... Cuervo announced overnight that they are still in negotiations with Strike to purchase their peruvian assets......as well as 'other companies'. It seems that Cuervo are aware that their time as a stand alone company is coming to an end.
At the very least SRK will get their $5.2M back. At the very best they will own the whole lot (probably with issuing a lot more shares - which will be fine considering Cuervo's tennaments seem to have a lot more iron ore than we do).
My hope: we commbine with Cuervo, drill the hell out of the areas until the money runs out then sell the lot once the resource total rises to over 700MT (would already have $360MT if both companies were to combine).
re: Ann: Local Community Grants Access to Apu... Cuervo...
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