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Doing share stuff and put in ARC into the quote box and got £1.81 for a price. Nearly had a heart attack as I have a few of these then realised I should have put in ARCM.
Still it was good for a few seconds
Still heres hoping. Silly me. Ned
Ps heart attack over now!!
Makes for interesting reading
https://goldnewsletter.com/go090220
Enjoy Ned
Absolutely agree,and I raised this point a,while back. I doubt we,will get any results. Ned
Agree. Ned
When did Remy buy his,1.5 mill shares.
Not saying he knew but it bodes well discussions must have been taking place around then and suddenly Kaboosh a large buy from one of the directors is made.
Bodes,well I would have thought. Ned
I would not bet on that. Perhaps with AA now involved if there were some stonking results perhaps there may be further covid delays, whilst Aa decide what they do. If the grades and holes are exceptional I personally would expect an offer out of the blue. AA would not want to loose first mover advantage. My view of course. Ned
Do I remember when nick andcrhe chat with the assistant mining minister thst he was asking for the drill permits rhen and he was told he would have them in a couple of days. I cannot remember precisely when though.Ned
Just seen this the CGP chat board curtesy of POB
FNV 2Q statement just published with reference to Solgold SOLG $SOLG $SOLG.L $CGP #cascabel #ecuador.Note 3 – Acquisitions and other transactions
(a) Acquisition of Alpala Royalty – Northern Ecuador
On May 11, 2020, the Company entered into an agreement with SolGold plc (“SolGold”) to acquire a 1% NSR with reference to all minerals produced from the Alpala copper-gold-silver project in northern Ecuador for $100.0 million. The Alpala project is owned by Exploraciones Novomining SA, which is held 85% by SolGold and 15% by Cornerstone Capital Resource Inc. SolGold has the option to increase the size of the transaction to $150 million for a 1.5% NSR until January 11, 2021 and also has the option to buy-back 50% of the royalty for a period of time. Franco-Nevada is entitled to receive certain minimum royalty payments from 2028 and the Company also has the option to convert the NSR to a gold NSR for a period of time once Alpala is producing. The closing of the acquisition is subject various conditions. In May 2020, the Company provided SolGold with a bridge loan of $15 million for a period of up to 8 months. The royalty interest has not been recorded as at June 30, 2020 as the transaction has not yet closed.
So not yet signed off. Ned
Hi. Thanks very much for your replies. Appreciated.
Let's hope for another good day. Ned
Hi. I was unable to listen today as i was busy elsewhere but does anyone have a link so i can listen to todays comments by Remy and Nick.
It would be much appreciated. Ned
I have listened twice now to the recent webinar where Nick clearly spells out the obligations by CGP. Given the share movement since then I can only conclude that the ordinary PI do not believe the scenario described by NM will not happen.
OR they are being held to ransom by the larger shareholders such as Irwin . Thoughts Ned
Could be the canadians have seen this is going nowhere and do not wish to get caught. I looked on Yahoo earlier and if its correct McDonald pays himself $357k per annum. A,wise investment with the,way things,are. No wonder they are selling shares. Ned