Member Info for Dreamboatwarrior

Coldcut… indeed and not forgetting Irwin’s recent comments on interview
“ if we don’t get taken out by a major and get paid big dough for that why do I want to reinvest that money looking for more copper again ….. if we can’t get bought out of Cascabel why bother”
I totally agree something is afoot at a corporate level but uncertain as to what form it will take ….. DBW

Rcgl I make you right ….. they’re soooo quiet

Morning Eish..... i'm fairly certain BHP would like us to be , its just how they can manage it without sending the price through the roof ..... first whiff of official interest and we're off to the races

“Last week, the President of the Republic, Guillermo Lasso, received in his office and separately a group of representatives of Chinese mining companies, led by the ambassador of that country in Ecuador, Chen Guoyou; and the executives of the company Aurania Resources Ltd, Keith Barron and Richard Spencer, executive director and president, respectively, of the Canadian mining company”

The Chinese are coming

I doubt 400m would be acceptable for anyone … with the possible exception of the bidder

Bozi my point is if we attempt to take this to production solo ( which is way beyond our mandate) we will have to strip the company bare and dilute to oblivion in order to do it
The other alternative for going to production is to continue down the Franco “boutique financing “ route and keep giving away future profits.
Or we could leave to someone who knows what they’re doing and can afford it …. And maybe even maintain an interest

Bozi …. I know you never said we could …. That’s why I was agreeing with you. The company has and always will maintain the stance that this is going to production until the end …. They have to either way . Ie if it’s going to production then they are stating their intentions or if they wish to sell they know putting a for sale sign in the window would never achieve the best price.
My guess is that they might harbour a small hope of getting this to production ( probably as a smaller part of a JV) but they realise this is probably out of their hands and are putting as many defence mechanisms in place as possible to ensure they can achieve the best possible result.
With Cornerstone seemingly much more content with the path we are now taking I’d suggest it’s very possible a deal of sorts ( probably dependant on certain milestones) has been struck in principle.
I would much prefer that any potential sale were just for the Cascabel concession but I’m not sure a buyer would necessarily want other monsters on their doorstep.
Any potential deal could also realistically be the reason that we’ve had no update on these supposed JV’s for our other licenses.
By the way the next Tandayama update will not simply be included in the yearly update but will precede it as a stand alone RNS … so something to look forward to there .
I know many will totally disagree with most of my thoughts and I could well be way off the mark
ATB DBW

I agree the point is we cannot take Cascabel to production

We cannot and will not go it alone …. We’ve already given a slice to Franco just to get to this stage( so technically we already have a partner of sorts) … how much more would we have to divest in order to get to full production

Hi Jerry
Surely if BHP were to offer 60-70p there would be plenty on the sidelines willing to trump that bid.
Not withstanding many PI’s ( myself included) and probably NCM wouldn’t entertain it either (unless a separate deal done behind the scenes )

Because not overpaying doesn’t mean not paying a fair price ….. jeez

Hi BBG
Don’t disagree with any of that especially the true value….. hence my fear that some people may have their heads turned by what in real terms could be a derisory offer. I strongly believe the company could be asking for our support again in the near term but not with regards to the CEO position this time , as always just an opinion
Best
DBW

BBG wouldn't say its obvious but its certainly crossed my mind more than once..... as someone said last night the danger here is that these news vacuums create despondency and investors may be tempted by a silly offer just to get out ..... big mistake IMO but I guess we all have different goals

We are attending a couple of events in September

https://www.precioussummit.com/event/2021-precious-metals-summit-beaver-creek/

https://www.denvergold.org/

Lol BNC
Once listened to an interview with Robbie Williams
( not a big fan but enjoyed this)
He attended the birth of his first child and was at the “ business end” … when asked how he felt he said it was like seeing your favourite pub get burned to the ground

Math agreed …. Painful waiting but it’s coming

Colonel
Exactly my thoughts and I also believe why we are holding back news if what RK says comes to fruition
Very happy to keep adding where possible at these levels

Can’t see it on the road …. Black rock again?

Hi RK
Was speaking to someone earlier and questioning the lag ….. mentioned Liam Twigger stating assays taking 4-6 weeks but we got this 10 weeks ago
“Assay results from drill holes 8-10 are pending and drilling of Holes 9 and 10 is currently underway.”
Got this reply
“ You’re correct below and the drilling of the holes mentioned is completed. We are looking to incorporate more holes to an upcoming update, as we did in the first Tandayama update in May and will be in a position to do so when the relevant remaining assay results come back. Fortunately lab processing times have improved from earlier this year”
Looks like things are moving quicker now but they’re looking to release these updates way more strategically….. best form of defence is attack ???

Who here remembers the first share they invested in?