Blue Moon Metals Acquires Portfolio Of 33 Tungsten And Antimony Projects In The Western U.S. For $5M Cash And 2.8M Shares Valued At $5.50 Per Share; Holding Costs Are ~$162K/Year
The Projects are generally located in the most prolific tungsten and antimony producing districts in the United States, with historical production on or adjacent to almost all Projects (see Figure 1). These projects are
Blue Moon Metals bought a bunch of metal projects (tungsten and antimony) in the U.S. for about $10 million total, betting these areas have valuable metals underground. When a company buys projects like this, watch if they find actual metal or if the projects turn out to be worth the money they spent.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.