It has to be a positive that they didn't sell a major percentage of any of their potentially large deposits for a lousy few million as you say like some other juniors. In this what sounds like a good deal today is a giveaway in 6 months time. I think that it was a very smart move to get the cash as any future joint venture will not be viewed as the company needing cash. It might also put them in the position to offer to joint venture into other junior tenements particularly in Tanzania
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It has to be a positive that they didn't sell a major percentage...
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Michael Thurn, CEO & MD
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