So let me get this straight. EUR sold its mineral mining rights...

So let me get this straight. EUR sold its mineral mining rights to CVS. OK. Normal Deal.

Then just before the last payment is due and CVS still has money in the bank and shares that they can sell to private investors for free cash flow, CVS releases "Ball Buster" news that high grade gold is/was discovered located in the old Paynes Fine Gold area. And Cobalt and Nickel. And in the GG area, JV plans are being talked to develop the gold shears identified there..................And CVS SP is starting to go through the roof now.............OK that is a normal deal about success for a penny stock.

And in the middle of this all, EUR yelled "Wait". We want some more shares of CVS instead of cash. We, EUR, used to own PNE and know all about the gold there, and even though 80,000 Bucks cash in the hand is nice, we think that another 10.5 mullion shares of a little penny stock gold mining minnow like CVS that we used to own, would B MORE BETTER than bucks!

AND EUR IS BANKING ON THE CVS SHARES TO FUND THE EUR BUILD OUT coming down the road! HUH?

European Lithium Ltd (ASX:EUR) (FRAF8) (VSE:ELI) is banking on the gold strategy of Cervantes Corporation Limited (ASX:CVS) by securing an 8% stake in the explorer.

Cervantes has received bonanza grade gold results of up to 202.8 g/t, 129.3 g/t and 49 g/t from its Albury Heath project in Western Australia.

So EUR is betting by buying more shares of CVS that its SP (CVS) is going to be popping faster than popcorn on a hot griddle?

EUR says "We sold CVS our mineral rights to PFG but now we would like to buy it back or at least some of it so we can fund the future of European Lithium with CVS's gold strategy and the new gold discoveries"..................

EYE don't know about U but EYE TINK EUR issued a BUY signal for CVS. WAT U THINK!