It will definitely have a run after cap raise as the instos will...

It will definitely have a run after cap raise as the instos will make sure of that to get some money in their pockets.

Will be a short lived spike though, not a long term play though i don't think.

I'm surprised at how much they want to pay Thunderbird to take this earn in right off their hands as i doubt Thunderbird would ever have spent the required exploration $ to actually get the 70% earn in.

A total of 440 million shares/options combined if they ever get a 1 million ounce resource estimate seems a bit over kill considering GLA have to sole fund $6.5 million in exploration also.

I've seen better prospective leases exchanged for a lot less that's for sure.