Buying mines that throw off positive cash flow so as to fund corporate overhead and exploration thus making equity dilution unnecessary is smart plan but how is such a smart plan moved forward by acquiring vango? Vango has no operating mines to fund catalyst bold expansion plans. Vango has never produced one cent of profit from operations. Vango do not have cash on balance sheet that can be used to fund catalyst operations rather vango owes lots of money to various folk in the neighborhood, debts which catalyst now assume responsibility. Vango also involved in costly litigation with the company that control the process plant and other infrastructure vango need process any gold ore vango should potentially mine from plutonic dome tenements at future date. Not very clever of vango since you don't sh!t where you eat.
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