Re: Rio, Mongolia reach deal to replace mine expansion plan, official says
I was about to regurgitate the original bogus arrangement between RF & Cro-magnon in fine detail, you know, RMF procuring the surrounding lands through proxy Entree (80-20) and getting the Gazar all papered up for a preordained early T/O. Cro-magnon eluded to it in an Interview years later after RF's playbook got flushed when he surprisingly stated that Entree was the little company that wasn't supposed to be here/there" In any event that catastrophic attempt at deception by all parties involved has left us with a genetically modified JV agreement unlike any I have ever seen, likely the first and last of its kind IMHO. In order to understand the complexity of our current conundrum you have to hearken back to the genesis of all of this.
Fast forward, I don't know is the short answer CG but what I do know Is Sandstorm continues to buy, I have them at an additional 215,000 sheets at 9:50 Pacific time. Thats for March 2-3.
Looks like Nolan et al are going to max out at 19.9%, at least that appears to be the playbook here.