GREY:CGOOF - Post by User
Comment by
gold_diggers1on Apr 18, 2016 7:18pm
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Post# 24781335
RE:RE:big upside potential
RE:RE:big upside potentialwiseyoungman wrote:
Hey buddy,
Get your facts correct. I have no issue in Continental and recently sold due to fear of ongong permitting issues and artisanal miners. In any event, do not compare to Ventana. Ventana was sold in a very different world/market in 2011 and was sold at about $14 per share. Not $25. The $14per share was way over what the deposit is actually worth today. I am not bashing Continental since it has one of the best high grade deposits in the world. The issue is with timiing and permitting challenges which are a fact. Doesn't matter what the deposit is if it may be a decade or longer for it to get permits. GLTA.
Hey wiseyoungman, can you elaborate on what issues/challenges about timing and permitting with CNL's deposit? Thanks.
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