It show up on my TD report as a transaction today but no info as to whom sold. Frank, Sasha and James are all at the property and cannot be reached because there is no cell phone reception there.
They are there with the biggest fund from Quebec along with 3 other brokers. This nationalistic fund not only has very deep pockets but is known to support projects that can help the province. The Beauce area is a depressed area where the jobs created by a gold mine would be an extra reason for them to invest. The fact that they are at the property is a step in the right direction. If they decide to invest or not who knows at this point but it is a good start.
I am very curious as to whom the seller is, hopefully we will know early next week.
I did call Sasha and let him know how the optics of this is not very good, especially at the point we are at.
On the good side again, I am hearing that our very experienced and quality BoD is taking a very hands on approach with this company. That can only help.
Glorieux