OTCQX:CGTFF - Post by User
Post by
123buyholdhopeon May 30, 2020 10:43am
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Post# 31091645
CGT and Sandstorm
CGT and Sandstorm An interesting article on Sandstrom. Suggests that the company may be looking for a large buy in over the next 6 – 12 months. Not going to be a much better new high tech mine than NG/CGT’s FG mine, which should get the answer to build or not in FG the next 6 – 12 months.
Producing around 225,000 per year for 12 years based on an already out of date BFS. Now with higher gold price, likely yet to add P&P drill results and adjusted mine build dynamics etc.
CGT would need around US $200 mill as their mine build share (45%) when the mine is initiated. Mine is in a French jurisdiction so gives some stability. Might be a nice royalty consideration for Sandstorm. Others on this board know the company better than I, so maybe they can chip in here.
Sandstorm Gold: This Gold Miner Is About To Get Much Bigger https://seekingalpha.com/article/4350365-sandstorm-gold-this-gold-miner-is-to-get-much-bigger?li_source=LI&li_medium=liftigniter-widget GLTA -
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