Suspect it maybe more of an RNC funding issue then WGX issue.
If I recall, WGX wanted take their position in RNC up to 19% of the company as part of the deal and then the reminder required had to be funded in cash.
@arsenic do you know when the set off resource/reserve numbers are due?
News: WGX Westgold Resources updates on purchase option granted to RNC Minerals, page-4
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$2.80 |
Change
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Mkt cap ! $2.527B | |||
| Open | High | Low | Value | Volume |
| $2.80 | $2.82 | $2.76 | $9.255M | 3.316M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11822 | $2.80 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.81 | 48779 | 5 |
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