OK shareholders will end up with 13% of the combined company.
FR are bringing to the table:
5 operating mines
6 areas under exploartion/developement
$70 odd million in hard cash
plus other assets like the sprott slv stock, silver bullion, silver futures
Fantastic managment experianced in bring mines into production, working with Mexican authorities-
well respected among fund managers, the mining community etc etc
Experianced work force
God knows how much plant and infrustructure
God knows how much land to explore
Massive cash flow
OK on the other hand have:
A chunk of land with loads of silver in it and a small bit of cash or 13% of this plus 13% of all the above.
It really doesn't seem like such a bad deal to me!