The new properties in my opinion, are a bit of a wild card. We're not sure what they will be worth, but it's very likely they are quite undervalued along with so many other junior bargains right now. Juniors are starved for cash right now, and it's a horrible climate to raise funds. Below $0.05 share price, private placements are not even allowed ... companies need to rollback/reverse split to get the share price high enough to try and inject more cash through a PP.
I'm sure the big co.'s are less concerned with small plays, although, who knows, they ought to have teams trying to clean house in these cheap markets. I think the properties were a sensible bargain and we'll have to see what they are worth. To me, it points to a CUU 2.0 ... Teck could go find their own bargain for $2M if they really wanted to and I don't see this greatly enhancing what we're worth ... we should know more of the strategy by mid-August (or the AGM please?). I say mid-August because I can't believe how long it is taking for some more substantial news to come out. Just when you think it can't go on any longer .............. LOL.