... buys almost 60% of SFMI (@ 1 cent) plus $5 million for working capital, (@ say 3%) to form 6 entities reporting to one holding Co. ... to take over SFMI, tell the 'Q's to shut up and sit down, drill big time ASAP, do a new 43 101, and then with expected high grade results, offer to sell the resource fortune in War Eagle (plus all infrastructure, equipment etc.) to the highest bidder next year when gold hits $2500 and silver $50? The allure of 5 million ozs of high grade gold equivalent in the ground, with gold and silver going parabolic over the next 5 years, should be a no brainer. The numbers become stunning @ min. $1000 to $2000/oz. net!
There are few, if any, high grade deposits left. Peak gold has arrived.
$11 million is chump change for a big outfit/billionare to finance.. What are we missing folks? Knowing what I know about the PMs I would do it in a minute were I said billionare. So what don't we/I know about War Eagle that a big junior/senior producer could/would/should know with a little DD? What have I/we missed since 2008? The competition for new resource will explode and here sits SFMI on a mother lode? Either the big boys want it cheap and will ignore it until they can't or they can destroy the present owners, or they just don't give a dam because they see something we don't. What don't we know?