OTCQX:RPMGD - Post by User
Comment by
pointguardon Jun 06, 2013 6:16am
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Post# 21491211
sentiment and metals prices factor
sentiment and metals prices factor iwan-i like out of box but this is cde sandbox, also ceo alfers when at franco nevada was involved in 80 million dollar loan to cde for gold stream it was big big win for franco but allowed cde to finish and survive-if this area is to be rejuvenated with todays sentiment and low metals prices it will be cde's rochestor production, experience and money that is critical -pershing as an add on to rochesters 10 yrs of tailings production which had a cash cost in 4th quarter of 2.00 that make rochestor a money maker according to krebbs even in 12,00 metal enviornment -frost a billionaire and honig are pershings main investors and are astute speculators,honig can be very short term a flippe he recentlyr bought large position in stemcell company genspera flipped it in weeks for huge profit, also alfers is not a minebuilder or operator-so in the end--it's likely cde will bolt on pershing with a rpm settlement compromise if not an outright decision either way-remember cde has big buildout at preciosa so they may keep things fairly simple - krebbs has been promoting rochestor and nevada at presentations recently in ny and just this week at scotia in london along with deutchbank also london- to balance off king midas statement i have just contacted cde and am waitjng for legal dept update-the more info available the better, what is midas frightened of and worse pipefit and his off the wall comments of paid basher-have posted on apogee board and aurcana on experience with r/s-not a bash to be found-cde has said many times since orko buy that it is not finished and looking at add ons or purchases that have synergies to existing projects--pershing and ryepatch with court case are certainly that-apogee was certainly that untill krebbs state no more capital investment in that country to a collection of bankers and svbl is a big like for them still according to cde sources --so if you are long ryepatch it makes sense to know cde not from pre 2009 or even recent wheeler days they are gone it is all new with a young 40ish old ceo from wharton buisness school with a harvard mba with 16 years most of it rebuilding and all new execs and mine managers--he gets excited about rochestor for it's return on investment and his company decisions can be 5-20 yrs out-he is a planner--hope this info helps