Not a chance! Read the PEA. The whole project is worth less than $1 per share if TRX could finance it for FREE and without any dilution.
Do you think the Chinese are stupid? La Mancha LMA a producing gold miner just sold for around $500 million. No one would pay anywhere near that for TRX considering they'd have to put $250 million into the mine to get it operational. TRX only paid $3 million for the project. Don't forget that this site had an operational mine before. It is not some greenfield discovery.
No doubt, if they're smart, they'll take a stake in TRX and not buy the whole company. Jim has an outstanding relationship with the government and they trust him. It would be prudent for the Chinese to keep him on.
The influx of development cash will put us on roll! Big Time!