Following this announcement, any minor enthusiasm from the price appreciation to nearly US$.37 this morning on heavy volume of 700K shares is immediately squelched by a retreat to .3093, a slight decline.  Like several other instant (20-40%) pullbacks, particularly on a day in Feb. and on 6/21 when the stocks were hammered on the last trade of the day, today's reversal "reeks" of a market maker's illicit, self-serving activity.  I have pointed this out to Karen Winkler many, many times yet nothing is done by AUMN Mgmt. to prevent it.

I have no idea whether this is a good deal, or the only deal they could find.  However, I'm glad managment has done SOMETHING after high salary compensated stagnant activity since the 2011 merger eight years ago.

Now, we will see if El Quevar is worth anything since they are to receive $22MM for Valardena, et. al. while to entire AUMN market cap is $25MM.

The closing is Q3 assuming Autlan's due diligence is satisfied. 

Now maybe the company can cut some of those beauracratic expenses and manage the $22MM prudently?  I'm praying!

Silverbull