Seven years of fluffing around. Time to pass it on to the next smallcap.
Speaking of fluffing around, when might that sampling program happen at The big One? It's been nearly two months since they said "this week"!
The tenements and mine are worth 40,000,000 shares + 20,000,000 options.
The 1% or 3% NSR royalties are worth 30,000,000 shares + 15,000,000 options.
So those who sold Cangai and the northern tenements to CCZ for scrip and an NSR royalty seem to be over-rewarded in this deal.
Are the shares escrowed?
Subject to due diligence...that will be interesting!
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- Ann: Strategic Sale of Cangai Copper Mine to Infinity Mining
Ann: Strategic Sale of Cangai Copper Mine to Infinity Mining, page-6
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