RE:RE:Scenerio
I think at $.025 buying CCMI is a no brainer. Once the actual value of the ore is established I coud see New Gold buying Bull River.
New Gold is a billion dollar market cap and with a double of our stock price would cost them $12 million. Nothing. ..and get the a double on the ore pile and the mine at Bull River with 100 million in infrastructure for free....and 39% interest in Thierry.
Base on New Gold stock proce at about $1.60 0n 600,000 million shares the cost would be nearly nothing.
How this hasnt happened yet is surprising.
Not my wish. I was truely thinking we could visit $.10 again, but seems unlikely with current market conditions.
jmo
RD