CYL 2.82% $2.92 catalyst metals limited

Nice hits at whitelaw at 200m depth...no coincidence...good geo...

  1. 416 Posts.
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    Nice hits at whitelaw at 200m depth...no coincidence...good geo model to get hits like that at depth. Why would cyl trade 40% of Whitelaw for vango marymia which is a stranded asset if cyl unable to acquire plutonic mine process infrastructure? Never seen a merger deal like cyl+ van+sgi where management of sgi and cyl make millions in cash payments while shareholder equity of cyl, van, and sgiget evaporated at rapid tempo while gold price near record high...cui bono?...In addition vango liabilities acquired by cyl mean massive dilution of existing cyl equity to pay these debts. Whoever participate in cyl secondaries to pay off vango debt will get Whitelaw on cheap, real cheap. Wallbridge at one point had cdn$1bn market cap on back of their project in Quebec, cyl don't need henty, marymia, or plutonic, to get big market cap cyl just need to invest in turning drills at Whitelaw and suitors be lined up around the block.
 
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