MNQ 0.00% 0.0¢ minquest limited

@zmans - here's an interesting little theory If we cast an eye...

  1. 3,538 Posts.
    lightbulb Created with Sketch. 4
    @zmans - here's an interesting little theory

    If we cast an eye on the Yukon Zinc's history, we will know that in mid-2008, Griffin Mining had intentions of a full takeover of Yukon Zinc, but that was halted due to the Chinese Consortium securing the takeover instead.

    An excerpt of a 2008 article as shown below - source: http://www.cbc.ca/news/canada/north/griffin-mining-out-of-yukon-zinc-takeover-1.716716

    Screen Shot 2015-10-19 at 3.52.20 pm.png

    So Griffin was willing to pay $100 million for Wolverine in 2008.

    Flash forward 7 years and we see how Yukon Zinc has ended up...

    Here's a little theory: Wouldn't it be a great idea if we secured the Wolverine plant deal and subsequently approached Griffin on a takeover deal? The huge resource at Fyre Lake plus access to Wolverine's production plant may make Griffin lick their lips if you ask me.

    Above IMO
    Last edited by Master Burrows: 19/10/15
 
watchlist Created with Sketch. Add MNQ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.