ERX 0.00% 12.0¢ exore resources ltd

getting close to asset backing now, page-32

  1. 1,824 Posts.
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    Great post @globetrotter79  was also thinking along similar lines. This scenario seems very feasible. I'd suggest this may have also been the thinking of the board and brought up  early in their meetings. It wasn't too long after they acquired more land also. So it would be beneficial to all parties to do a deal if possible. Use the existing cash and create more discoveries on the other areas. While one of the majors moves in  and handles the bulk of the drilling  and a possible mining scenario at Antonette/Veronique.
    Then get that major interested in the next area/tenement and do a JV also, creating more value again for the SH.
    One thing is certain, if we did a deal with a  major our SP would rocket.
 
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