Loading ...I own a few shares of Dolly Varden, and will be interested to see how this “merger of equals” all pans out.
What stands out for me is that DVS is merging with a company ( Contango) that has $100 million + of cash in the bank, only $40 million of debt, and is in the process of Gold exploration, and rare earth elements.
Contango also owns a 30% interest in a JV which leases almost 700,000 acres of land in Alaska for exploration. The remaining 70% is owned by a subsidiary of KGC……..