OTCQX:GTBAF - Post by User
Comment by
Ivorygullon Sep 06, 2021 12:37pm
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Post# 33816688
RE:RE:RE:RE:Newmont and Barrick
RE:RE:RE:RE:Newmont and BarrickBangor,
here is my thought why.......you ever try and get a mortgage from the bank without an appraisal on the house/business you want to buy? You can't! So unless you want to use your own money to buy it, you have no choice.
So while the big boys may have lots of cash, they most likely need or want to take on debt, and so they'd likely need a maiden resourse before the banks will look at them.
And that is a ridiculous price to want to sell at.
Bangor wrote: If as CT says we have a tier 1 asset why are the big guys not trying to buy gbr out . At present prices 22-25 buy out offer would be taken by most shareholders .