SUM 0.00% 15.5¢ summit minerals limited

Hey sumawrestler,Yes, they would normally mention if there was a...

  1. 269 Posts.
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    Hey sumawrestler,
    Yes, they would normally mention if there was a CR, as part of the acquisition, so I believe (but could be wrong) that this might be funded from existing cash. My understanding was that we had around $2.2 million of cash at the end of the last quarter. If they are frugal like the last acquisition (around $40,000), then it is possible that our existing cash might be enough to pull off a coup.
    I hope so. Then again, I would much rather pay a bit more to secure something decent, than experience the same pain by purchasing seemingly dusters, such as Castor Bay.
    I hope the Stallion upgrade is good for both REE tonage and Uranium poundage. Must be getting close now.
    Also, Castor Bay, althought a duster for Lithium, did have some really good Gold and Copper hits, and those two elements are going gangbusters at the moment!
    All the best and have a great weekend!
    MicroNova2035
    Last edited by MicroNova2035: 19/04/24
 
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