Member Info for FatherTedFeck

TheItalian - I'm pretty sure that's not right? I don't think solg has a right of first refusal on the sale of cgp, only on ensa. Although from the way both teams are behaving, I wonder if you're somehow right.

(but of course you all subscribe to MiningStockEducation.com podcast anyhow, so you all knew this.)

https://www.youtube.com/watch?v=zpKNp6squ1E&t=557s

(ooops) then I would suggest a precious metals etf like the GDXJ (or GJGB as it trades in UK.)

Barry, if you find this sector fascinating then start here on some basics...Sprott guide to orebody geology...https://www.youtube.com/watch?v=e1voF9XxBPQ&list=PL1pYYwfv5XWAmLuPlKFktPvTkl5y2kOhs

If you're not inclined to study rocks,

No Lutho, that is standard verbiage. For all projects, the purpose of all the drilling and feasibility studies is the development decision. With a good project you can see years in advance that the decision will be yes, but you still have to go through the procedures and make the proposal bankable.

Links appreciated.

Since the Covid lows, solg has gone up two and a half times, and cgp gone up four times. In the short term, their price action is quite independent. But longer term, they go together. cgp chart still says up up up, and doesn't care about solg for now.

Well exactly mate. That's the vibe I get off them, but my reading of the facts says they're fine...if they're so keen to sell then sooner or later someone will offer price they deserve. There ought to be competitive tension...there are surely a dozen companies who would pay royally for cgp. But cgp and connections act all frit.

Maybe...hmmm...maybe (legal fiction from someone who watched both LA Law and Nightcourt) cgp tries to sell, solg invokes there right of refusal clause. cgp says well that only applies to ENSA, of course it doesn't apply to cgp, solg says "Oh yeah, see you in court." cgp says "oh ffs! a-holes!" Looks like taking 2 years to resolve, meanwhile cgp can't fundraise to keep their 15%, get shook out.

Now that's probably a daft scenario on several counts. I'm just getting imaginative to fill the gaps where I simply don't understand what I see.

Meanwhile, my cgp shares are having a lovely rally, fwiw.

And the silly thing is, I think cgp are in a fine position - they just sell their company to one of a dozen interested majors who can finance 15% of Alpala no sweat, and get a premium price. But they way they carry on is like a tell in poker...as if they don't believe their position is strong at all! Maybe their lawyers say something something???? Maybe they've only had insulting offers from suitors? I dunno.

re "you don't get the best price for anything if you put our the ForSale sign"

Absolutely. Have you seen what cgp says on this "we should all be friends and hold hands and put up a for sale sign and take bids together." Eff me! I think even I had more nous when I was trading marbles on the school playground.

Keep 'em wanting more.

Naaah, just because solg and cgp are having a dispute doesn't mean that everyone who has taken an interest in the story so far is now either a Goodie or a Baddie.

No offense, but the Canadian mug punters know a lot more about mining & exploration than the British ones do.

Quite right. They are completely wrong with what they say about relative liquidity. They might say LSE doesn't count, in their typical insular Canadian style, and that the LSE listing is illiquid. True, but obviously a solg takeover of Canadian Cornerstone would change that greatly.

I'm happy with that news release. Ask and you shall receive, I guess. It's a good time to get the message out, so that's what they're doin.

Good Moaning. I'm fairly jaded as far as goldbugs go...it's just another religion that's let me down. But! The current set up for gold and silver is awesome. Gold is just starting to get some momo, just barely appearing on retail radars, is still a non-topic for the institutions...yet it's around about all time highs. And clearly looking to charge higher. Mid-tier producers are cheaper than in 2016, while they're absolutely brrrrrrr'ing profits, esp. in non-US numbers. Lower down, I can pay $100m for a gold mine that will produce $100m of free cash annually for a decade! Objective bargains in the small-to-mids. It just needs a year or two of out-performance and the conformists (i.e. guys running 98+% of the money out there) will start jumping over each other to follow the leader.

Now silver, I'm broadly against it, except for maybe 4 out of every 100 years, give or take. We may be entering one of those two year patches where it kicks ass. I surely see silver getting to $50 before I see gold getting to $4000! And looking at the stocks, a lot of the goldies are currently in clover, which is somewhat priced in. Whereas most of the silvers have only just stopped scraping their balls on the tarmac! If silver moved to $50 it would barely make the news, but it would 10x their margins, and ???x10 their market caps.

The macro situation is defined by the absurd covid overreaction. Left/Right no matter...we're all Robert Mugabe now.

I don't think he said he preferred one or the other. He did say that Newcrest had more extensive block cave expertise than BHP.

My view is nothing special. I just jump from solg to cgp to dgr and back again. I'm basically a solgold enthusiast who tries to make a buck while waiting. But yeah, listening to Bigdog/WI **** off NM all the time on twitter and ceo.ca... it just sounds like it comes from a position of weakness? Normally when I listen to him he comes across very level-headed and sound and knowledgeable and quite likable! I can see that NM is not exactly Norman Vincent Peale, but somehow he's got the canucks having kittens. And that's not personality...I i think he might have them by the balls, and they know it?

I currently hold cgp rather than solg, and I think they sound increasingly shrill, which lessens my confidence there.

I like that.