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Bullboard - Stock Discussion Forum GLOBAL MINERALS LTD NEW GMFLF

GREY:GMFLF - Post Discussion

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Post by prem124 on Jul 13, 2013 9:13am

EPZ

Friendly acquisition of Esperanza resouces by Alamos Gold. SUbject to approval. I wonder whether it will have any effect on CTG. Hopefully Alamos Gold will be a suportive shareholder.
Comment by touareg on Jul 16, 2013 2:50pm
Hi prem.. I doubt if the acquisition will effect the share price but I expect Alamos will see the value in their newly aquired CTG shares.. and it makes sense that they will apreciate the quality of CTG management too..
Comment by michelleb33 on Jul 19, 2013 3:07pm
This has become one hell of a dog. Whats with everyone selling
Comment by topadvisor1 on Jul 19, 2013 4:15pm
This post has been removed in accordance with Community Policy
Comment by GoldSilverbug77 on Jul 27, 2013 12:57pm
To Topadvisor1, I like the way you think and sounds like you have a level head and dont get pushed around by markets ( The biggest strength to succeed and make money ). Look forward to read your comments and experience you could share with wanna bees like me. I am new to this board so not sure it  ets one track people. What other stocks do you track / own if i may ask? GSB
Comment by michelleb33 on Jul 25, 2013 5:41pm
Got the rest of my order today at 8. Now lets start going North here
Comment by simmonr on Aug 07, 2013 10:44am
Because most people are not investors they are Walmart bargain bin shoppers They don't know a good product and they judge quality based on price only.  Global Minerals  is a very undervalued stock right now and selling on the extreme cheap.  The people buying and selling this stock do not have any idea what this company is worth or have any clue about the companies intrinsic ...more  
Comment by prem124 on Aug 07, 2013 11:06am
I think discussion here is not concentrating on important matters at hand. We are close to financing for mine and general running of the company. While small placement at these prices might be inevitable did anyone speak to the company about the different options they can explore. Royalty and debt model would avoid too much dilution so would JV. We know the asset is good but th reason people don ...more  
Comment by HCallahann44 on Aug 07, 2013 3:40pm
thanks Simoner....but would you mind telling us why you think Global Minerals is extremely undervalued.  If it was wouldnt Sprott be buying instead of selling??The broker I talked to at Sprott made it sound like they wouldnt touch this with a ten foot pole.  We will have to raise a ton of cash to put this mine into operation....where is that cash going to come from??? With the price ...more  
Comment by GoldSilverbug77 on Aug 08, 2013 4:24pm
One should expect to end up with 1 or 2 bags such as Colossus , ATNA etc which lost 50% overnight. But say if you hold 10 goodies and 5 out of 10 turns out to be 10 baggers one who do extremely well even after holding those 2 big bags. You should not be so harsh with yourself for what happened with colossus. You did what sounded right at that point and the water issue took many by surprise. You ...more  
Comment by prem124 on Aug 08, 2013 7:36pm
I have been buying Colossus this week. It was not a good share in the past year but I think the value is compelling. Atna I am not as optimistic about as they would have to deal with debt which is large in comparison to their prod level. With regard to CTG it will all go down to financing and minimum share dilution. I also like the antimony that could provide extra income eventually.
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