Apr.1 per Kitco Base Metal News, Sono Resources Inc.[Canada] is purchasing for more than US$1.2 bill. 95% of Bonnyridge {Pty} Ltd.[payable within 3 yrs]. This is for 2965 sq.km.tenement rights adjacent to Discovery Metals which owns 10100 sq.km. tenement area. Theirs is bare earth,ours is almost ready to mine! Yet DML only has a market value of around $500m.
Check the article and what do you think of this discrepancy?
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