Post by
kcac1 on May 08, 2023 7:33pm
CXB and COG
With Ortega kissing up to the CCP denoucing and calling Taiwan a Big US Miliatry Base, I think that that China, with their love and need for physical gold (Petro Yuan and more) will likely buy COG. I also think they are looking closely at the CXB 1Q numbers just out after hours and seeing COG having similar grades if not better grades for pit mining etc and a plus for COG. I also think that if a Chinese company buys COG they will be looking to take out CXB and likely MKO as well. I predict that the CCP move into Nicaragua big and fairly soon. The country risk to the CCP is almost nil compared to the western world.
If you go to the SH CXB board, tonight's Q1 news release is on it and very postitive. I am shocked that the market cap of COG has not risen by much over the past few weeks. Also, anyone in US or Canada that wants to buy COG would likely be far better off buying it in London on thier AIM exchange with far far more volume and in my case bought for a lower price that trading for on TSX and I pay less commission. It is extremely time consuming to buy or sell shares of COG on TSX. My relatively large order filled while talking to an International broker where a smaller order on the TSX took days with a liimit between the bid and the ask. Only 3200 shares of COG traded on TSX today.