Feb. 3 at 8:04 AM
$FMCXF
Whats done is done. Whats in it for us
FOM.TO
$EGO acquisition i could be a win for Foran holders.
Here’s why the deal makes sense:
De-Risked Execution: Going from developer to producer is the "orphan period" where stocks often tank. EGO’s balance sheet ensures McIlvenna Bay gets built without further dilution or financing scares.
Macro Sweet Spot: You keep the Copper upside (structural deficit/AI/EVs) but gain Gold safety/dividends. The new mix (77% Au / 15% Cu) captures the best of both worlds.
Growth Monster: Combined entity targets ~900k GEO by 2027. With Skouries (Greece) and McIlvenna Bay (Canada) coming online together, this creates a top-tier growth vehicle for institutional money.
Swap single-asset risk for a funded, diversified producer.
Long & Strong.