Ann: Westgold Strikes Lithium Option Deal with Triton Minerals, page-10

This was my post on the TON site.

I have noticed a lot of negative sentiment regarding the Westgold option and a flurry of comments from TON investors on the Westgold HC site. Just thought I'd comment on some of the fear mongering by some TON commentators that need to be called out.
1. If TON is obtaining a substantial asset for the issue of the shares then it is NOT a dilution. It may well be increasing the MC of the company and making it more viable and less likely to need a further CR.
2. Comments about a Westgold take-over ... West gold is issuing the potential shares in TON to its shareholders. There is no intention of a take-over.
3. Prices will drop when some Westgold shareholders sell. This could occur ... or many new shareholders may increase there holding once they are exposed to TON. Some have been or still are TON SH.
4. There is much speculation about this being a dog of a deal. I imagine your directors have done their due diligence. They see this as a further income opportunity for the company without a cash outlay. This deal may actually be GOOD for TON SH, broaden its base and make it more liquid to ride any further storms moving forward. By becoming a bigger company TON SH have lower overheads per shareholders and more profits from the original assets.
Just thought I'd throw that out there since there seems to be just a one sided argument with no credit being given that your directors may just be making a favourable decision based on their own due diligence. There seem to be a lot of "experts" out there that seem to know so much more than your board. My gosh, maybe you should be running the company ... or could it be that you have blinkers on and so cannot see the possible benefits? DYOR
PS There seems to be a lot of interest in TON shares today. Maybe a lot of shareholders actually see this as a positive move also?