TSXV:AKH.H - Post by User
Comment by
BadgerBobon Jun 11, 2021 12:53pm
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Post# 33372859
RE:Newmont buys GT Gold for $456 mill - will need power
RE:Newmont buys GT Gold for $456 mill - will need powerGee Phoenix, should I buy now? Just checked the thread and honestly I had
to giggle when I saw you still here. Its been 6 years since I warned you that this would be dead
money. Hopefully the next six years will be better for you.
It is too bad though. The project is quite viable, Cliff is a true visionary, BUT... The barriers
are formidable; Insufficiently capitalized, skinny on the technical expertise, cross border issues,
and of course the always helpful First Nations. Someone may at some point come in with the resources I mention but they will want almost all of the venture. Cliff is nothing if not stubborn, and
with control of most of the stock he will be true to form and be a hard negotiator. Maybe too hard.
It's been sad to watch.