Q: Hi Peter…May I have your thoughts on the McEwen announcement? I can’t figure out who is buying whom. It looks like GOT is taking a position in McEwen which seems distracting. Can GOT sell the $10 million worth of McEwen shares? Is this a start of a merger? Any thoughts you have would be appreciated.
Jim
Jim
5i Research Answer:
MUX will end up owning 3.76% of GOT and gets 'a seat at the table' if it ever comes up for sale....