Golden predator can own a 100 % interest on the property by making cash payments of 1050.000 and issuing 1050.000 of golden predator shares and incurring 3 mil dollar of expenses on the property. Vit then holds a NSR of 3%. (info is from financial statements)
I don't agree with you're opinion that the moving of the sp is similar to march. I agree we are making the same big moves, but think we are way further in our development as a junior. The sp went up due to the price of gold, the drill results around dublin gulch and the current acquisitions in goldland. Give us good drill results and the 1 dollar range is history in my opinion.
Great move by vit so far, congrats to the ones who sticked around for a long time!
B