Aug. 21 at 1:23 PM
$MSMGF Why
$TECK Resources Might Acquire Grid Immediately...
1. Grid's Valuation Is Tiny: Market cap around
$40M CAD — one Makwa-scale find (like Pavo) justifies 3–6x that. Teck is
$15B
2. Inside Access: Teck, via JV, has early visibility on geophysics and grab sample zones like Pavo.
Perfect position to front-run the market.
3. JV Doesn’t Cover Everything: Teck doesn’t have rights to Ore Fault Zone or Donner Cesium —
both 100% Grid-owned and highly valuable.
4. Nickel is Strategic: High-grade nickel sulfide is a priority for EV supply chains. Makwa-Pavo fits
perfectly into Teck’s green narrative.
5. Clean Structure: Grid’s clean ownership, tight float, and district-scale potential make it a low-cost
bolt-on acquisition.