That's an interesting post from "lay the boots in" Sis.
Now if the rumour is true and ORS did find a massive nickle sulphide deposit on their lease it would make sense for IG to aquire the leases adjacent to it. Wouldn't want another situation like they had at B4M where the deposit crosses over into another lease.
So knowing this (and if it is true) when did AGS aquire the adjacent lease? Recently I believe.
So what will happen if a deposit is found that crosses both leases. Will AGS buy out GM or will GM buy out AGS. Going on recent history I think it will be the latter. Maybe that is another reason why JD and AB are jumping ship?
AGS Price at posting:
3.3¢ Sentiment: None Disclosure: Not Held
