I like this deal. Yes there is some downside, but it is very difficult to acquire oz. in the ground without costs. Wawa and Beardmore-Geraldton are that far appart so there may be some synergies to be gained.

No doubt some of the GGR investors are dissapointed as they were likely looking for a different outcome i.e. going into production and ultimately being bought out by a major.

I hope that the company can move forward and increase shareholder value (higher sp) before the treasury runs dry. The next financing could be ugly otherwise.

Sam