I'm a newcomer but it appears that the company got $75m for its remaining stake, of which tens of millions of dollars was returned by capital return to shareholders, and cash leftover has now been used to drill for gold, nickel and other metals which - following Fukushima and other related matters such as European countries turning their backs on nuclear - might have been a fantastic strategy at the time.
And, in fact, it seems to have been a fantastic strategy given the price of gold, price of nickel and other base metals + the fact that the tenements being explored are oozing with metal.
Plus cash on hand.
Plus stocks held.
AGS Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
