I think we will find that once the deal is done & dusted with Tonga & Crans on the board......seems that these two love the PARIS STORY as I do but it needs money to drill baby drill.....hence the ASO swap into TOR ...50% of someting big @ the Paris leases is better than a dream @ the Canadian leases....I think they learnt a lesson on the EV hype, ubute green whatever...lol......Tonga loves gold........so I believe they will raise a lot more money after the merger as these two are very well connected to the financial markets & can find money real quick ...they would need to find another say $15 -25 mil for starters........to Drill baby Drill......to get the resource up to @ least 1 mil ozs which can be done with 3 -4 drill rigs drilling 24 / 7 ..they did that in Canada within 2.5 years they got the gold & the Ni. At the moment small caps find it hard to raise big money hence a $1mil here and there just enough to scratch around for years....but good projects and good operators do fine in raising big money... most good operators and go getters seem to get a mine up and running within 5 years.... example BGL ex Draig, DEG, I could name others. anyway hope we / all share holders make a quid here in the future if the Paris Leases lives up to expectations. good luck.
My Take DYOR Cheers
TOR Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held
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