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):
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You need to get facts straight.EVR didn't 'just acquire an...
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Last
7.4¢ |
Change
-0.008(9.76%) |
Mkt cap ! $68.91M |
Open | High | Low | Value | Volume |
8.4¢ | 8.5¢ | 7.1¢ | $2.946M | 37.77M |
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No. | Vol. | Price($) |
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6 | 618838 | 7.4¢ |
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Price($) | Vol. | No. |
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7.5¢ | 500000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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3 | 100140 | 0.074 |
3 | 624000 | 0.073 |
9 | 1646792 | 0.071 |
10 | 832114 | 0.070 |
5 | 168781 | 0.069 |
Price($) | Vol. | No. |
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0.075 | 500000 | 1 |
0.076 | 120000 | 3 |
0.077 | 230000 | 2 |
0.078 | 97830 | 1 |
0.079 | 342462 | 3 |
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