Loading ...MUX turning – MACD cross from mega oversold
I was on the call they did today. They mentioned and inserted something very interesting into today’s press release… thru the black fox acquisition they are getting $150 mln in tax credit to be applied to income earned in Ontario. This name has been given up for dead. There wasn’t a single question on the call. Crickets chirping.
I noticed that too on the call. Just no interest at all in this company out there. I was able to buy some more shares on sale after they announced the bought deal. I can’t believe Primero paid over $300 million for black fox and put $120 million into developing it, only to turn around and sell it for $35 million three years later. It’s pretty mind boggling. Great strategic purchase for McEwen.