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Even if they needed the money (which they don't), why not wait until after a potential spike / run in SP as a result of favorable assays? You do know how much cash they have in the coffer give or take yes?
Between the info I got and this news release it seems to confirm what you posted Neville. After all this time it may be HBM that drills the tower zone. I just truely hope that these guys are as gifted as negotiators as they are as geologists. In this scenario I can't see the huge premium being paid. On the other hand maybe these targets are defined so well now that HBM has a pretty good idea what might be there and we end up giving them a piece (x%) while they bring 5 drills over and drill the crap out of it quick like... on their dime. Either way I need to know what lies beneath.
Whoa, whoa.
I'm going to have to make a call here because from what you've said we might not even end up drilling the Tower Zone at all - but instead HBM would. We've come this far so it doesn't make any sense to stop this close to potentially discovering the source mineralization. Very surprised. Either you were misinformed about the "negotiations" or something was lost in translation. They'll pay more if and when we prove the new anomaly is mineralized. We've got the money to drill. Been sitting on it for eons. We wouldn't be getting the premium we all have been patiently waiting for if we entered into a deal at this time.
Ring ring...
Lots of chatter all over the net and amongst brokerages. NCI results cometh? Chances of an awesome release are very good IMO.
This could be not only your winner but your summer homerun. Results potentially out starting next week and continuing into August. Looks like she is running up on anticipation of those results.
Good luck.