Post by
phoenix_trader on Oct 06, 2022 11:17am
Resource Capital does NOT build mines.
Look folks, RCF says this:
We are mining and finance professionals with deep mining alternative investment experience. We partner with companies to produce positive outcomes.
They want a better buyout just like the rest of us.
Prairie Creek is fully permitted to start construction and an updated Feasibilty study incorporating new drilling, reserves and capex costs is in process.
Cardinal Resources takeover played out mostly in Australia for over a year.
The OSC/BCSC can easily stall the Management Information Circular for months and they read these boards and the tea leaves while we wait for an Asian zinc/silver player or even Silvercorp to wade in to the pond.
Look at the chart, less than 10% of the stock traded in the past year, everyone else is in at at multiplers of .0325,
Comment by
phoenix_trader on Oct 06, 2022 11:24am
The inconsequential break fee of $250k is a message clearly delivered to the mining M&A firms.
Comment by
bilaroo on Oct 19, 2022 10:40am
phoenix_trader wrote: The OSC/BCSC can easily stall the Management Information Circular for months and they read these boards and the tea leaves while we wait for an Asian zinc/silver player or even Silvercorp to wade in to the pond. I repeat my question : Has anyone received the circular in the mail yet? I have not. 19 days and counting.
Comment by
minedriller on Oct 19, 2022 2:12pm
Nope nothing and I'm in Europe. Probably another NZC scam to exclude as many as possible so RCF has a clear run again.