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Bullboard - Stock Discussion Forum GLOBAL MINERALS LTD NEW GMFLF

GREY:GMFLF - Post Discussion

GLOBAL MINERALS LTD NEW > Next few weeks
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Post by nostril on Sep 03, 2013 11:29am

Next few weeks

I guess there should be some news from CTG in the next few weeks.

The PEA is due to be completed by the end of September. CTG are due to speak a the 2013 Precious Metals Summit Colarado on 18-20 September. So I would expect the PEA to be released before the 18th so they can use it to pitch to investors at the conference.

Also, CTG is now effectively 25% owned by Alamos Gold following the completion of its acquisition of Esperanza. This company has a lot more cash than Esperanza. Plus, they seem to be pretty value oriented and happy to make investments when others are not:

https://www.bloomberg.com/news/2013-08-29/alamos-thriving-in-gold-s-rout-ready-for-value-buys.html
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