TMG trigg minerals limited

You need to get facts straight.EVR didn't 'just acquire an...

  1. 10,385 Posts.
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    You need to get facts straight.

    EVR didn't 'just acquire an antimony project'. They announced the 70% acquisition of the mine back in January this year. The announcement yesterday was simply to confirm completion of the deal.

    19dc05ca-0b3.pdf

    The antimony canyon deal was done because EVR were almost out of cash (again, you can check their quarterly to confirm this).

    EVR also has a particular track record (which you can easily examine in less than 5 minutes if you read through their last 1-2 years of announcements), which goes some way to explain why a company would pick up some tenements and then sell them a few months later.

    Also worth noting that as part of the deal, EVR maintains upside on Antimony Canyon in Utah because they accepted a considerable amount of shares as part of the deal (again, something you could have confirmed if you read the ANN):

    https://hotcopper.com.au/data/attachments/7064/7064120-72cbac3e63dc66499549124c38deab21.jpg



 
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