Is Euro Pacific's Luisa Moreno foreshadowing, and has Euro Pacific Capital heard a little more to snap up those shares?

"If there is a company with a lump or vein graphite deposit that requires low capital and operating costs, has secured an offtake agreement and the project has strong economics, that could potentially be a good investment."

I really think the Cliffs selling and the Casablanca switch was great timing and opportunity for AE. Zenyatta does not require financing, so AE not going to dilute company to grease MMs. With a motivated seller such as Casablanca (tick off the easy boxes on their strategic "to do" list), AE had the opportunity to get MM into the ZEN play by possibly negotiating the cross price with Casablanca for the MMs. Not sure if he played a part or not.

What is telling is that Euro Pacific Capital used it's own cash to take a significant position instead of relying on brokering a PP and getting free shares. *I am also assuming the shares were for Euro Pacific Capital and not one of their clients.

Another note:

It's nice that Euro Pacific Capital has recently expanded it's investment banking services into Japan last year:

http://www.europac.ca/press_release/euro_pacific_canada_adds_tokyo_office_and_japan_investment_banking_team