Leo definitely has the better resource. However, we have no idea how profitable it will be for us as long as Leo's management stays silent on what was in the last letter from the government of Mali. Whereas Leo's management seems wedded to perpetual suspension, LTR's management got their shares back in action in less than a week -- and with a capital raise at a price higher than it was trading at before the takeover offer. I hope Leo pans out in the end, but I'd have more confidence in LTR than Leo given the recent actions (or non-actions) -- even though I hold Leo not LTR myself.
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Leo definitely has the better resource. However, we have no idea...
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