Post by
RatPatrol on Jan 24, 2021 5:30pm
$ 7.20
This would be today's CGP price equivalent, had we accepted Nick Mather's takeover offer (either one of two).
BUT WE SHOULD NOT WORRY.
1) Drilling continues to expand the Cascabel deposit's reserves.
2) Althoiugh Franco Nevada stole a NSR, our management never went along with this deal. Therefore, CGP shares are worth MUCH MORE than the equivalent SolGolGold shares.
3) Newcrest and CGP managements appear to be getting along in Ecuador.
Much work remains to be completed in 3-4 weeks to surface full value of our CGP shares.
How much is that, you ask?
One analyst estimates $8 to $12 each.
We c......