I was thinking about the RML offer to GRZ and realized just how genious it was.
Consider this:
1. RML makes offer to GRZ
2. GRZ scoffs at it...
3. RML gets Choco 10 permitted... "Look! We've got leverage in Vz! We're POWERFUL"
4. GRZ share holders change mind... "Hey...we might make some money if we're under RML's flag" - GRZ is taken over by RML
5. RML is now a lot more valuable... they get LB permitted...
6. RML - "Look! We get mines started! We're operator of choice!" (Now RML shares have rocketed...) RML makes bid for KRY
7. Depending on bid, it might look really attractive because now RML shares are valuable...and issuing shares to raise money makes sense since they have more value...
Makes me want to pick up some RML is this is the "chosen" path...