NST wanted to do a deal with EAR before they bought and ended up having to step up imo. EAR was needing money and lonely and NST would have tried to grab that ground and access to the plant.
EAR raised funds and went drilling. That corridor is very under explored and has not been the main focus of exploration. Ramone and all the deposits on strike are coming together and some drilling within the current program might slam this home for everyone.
The strategic acquisition for NST with EAR's plant and ground is a no-brainer imo and NST have a nice 20% stake to keep some others outside the room. That can change very quickly and NST are taking the risk of serious exploration upside. EAR are good at finding new gold deposits and that is only just starting on this land package. dyor
EAR Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held
