Applause! The sale is positive in many respects: it offloads a project and with it all the risks (politcal, operational) to a company learned enough to know its value; it raises cash at a time when I doubt there is any to be had in other channels; it gives all those tax-loss sellers something to be cheery about as we approach the holidays. :) The price paid for the project seems fair, and in retrospect, explains the timing of the one million dollar bonus paid out for discovery of the project.
I hope the share price gains a little more as this deal closes and cash is in the bank. And I hope management uses the funds to aggressively discover gold and silver and copper, with the latter being a bit of a wildcard.