Post by
Wangotango67 on Jun 13, 2019 12:52am
THOUGHTS....
1) what were they thinking = selling thier QV project ? ( gave it away too cheaply )
2) scrap and sell the Cobalt and focus on their uranium. ( one more move to streamline )
3) why has this company never thought of BARGE DRILLING ? ( hello ) they'd be able to drill all year.
4) cash out of E3 metals...know when to take the profits...
E3 appears it's reached a plateau in price = cash out....and cash up Comstock ....
5) what's that you say....?
why give up a portion and interest in E3...?
6) i would think if Comstock was smart...and they appear to be...
then....why not ask E3 metals for a royalty agreement BEFORE CASHING OUT ?
A royalty agreement. EXCLUSIVE.
An agreement that allows Comstock to profit with any NEW CLIENT THEY SECURE
I which wants to use the E3 extraction model Patten...?
7) Comstock would " by far " earn way more than hanging onto a few million shares...
They could ask E3 for a 2% out of a 5% royalty....on every new - client they bring to E3.
8) And...if Comstock ever " head hunted " a new brine client that had say...300 ppm or 500 ppm
It would make it very profitable for Comstock + E3....versus E3's current 78 ppm @ 80% recovery.
FAR MORE PROFIT IN....ROYALTIES...
Than sitting and holding shares....lol
SUM IT UP ?
DROP THE COBALT.
CASH OUT OF E3 metals only on premise of " securing " exclusive royalty percentage " new clients.
DRILL THE GOLD CLAIM WITH " BARGE " = year-round drilling winter and summer = fast track
Just ideas...
Take em, leave em, throw em away.
Wango~
Comment by
SuperMoney on Jun 19, 2019 3:14pm
Wangotango, agree. CSL has good investments and good properties. Gold price reached $1344 USD and then it will likely go to 1400 in a heart beat - after that 1700.00. Disclaimer: this is only my opinion that may be totally wrong. It is not any investment advice. Do your own DD.