RE:RE:RE:RE:RE:RE:RE:RE:RE:This is itosfowler too be clear I am not suggesting that anyone at CCW has strong interest in GGM except Frank and a few high net worth investors. For them CCW could save their positions even though they have been considerably degraded. But as you noted GGM has resources and may very well become a profitable mine one day. Maybe with different ownership. Who knows. Also if a cash rich company (future tense) like CCW could buy GGM on the cheap and had a mill etc, it could be a very strategic aquisition. Clearly I am thinking outside the box and this scenario in my opinion holds the best case for GGM shareholders until Frank pulls a rabbit out of the hat. Hey I will buy back in heavy if a news release suggesting the Aukeo trenching discovered lots of gold occurs. We all wait with baited breath. Bigchill waits with stinky breath.
osfowler wrote: Hi BC. Not swallowing it. Just interested in hearing it. You have a good point in wondering why a CCW shareholder has interest in GGM. I would agree that anyone who just bought in and had no history in GGM would strongly question it and likely oppose it. The longs in GGM, on the other hand, might feel vindicated because the "sale" of the Silver Castle assets to CCW outside of GGM was certainly not in the best interest of GGM shareholders. It basically kept the lights on at GGM, yes, but none of them benefitted from the great turnaround on the CCW stock, unless you consider the small dividends to be adequate compensation.
I think fj has thrown some objective question marks at the Aukeko program management/marketing of late, so he's not a mere shill for the company IMO.
Admittedly the whole ride on the GGM/CCW train has been careening here, there and everywhere, and in hindsight I would have picked another stock instead. However, some hope (naive as it may turn out to be) remains at this point until I get the whole Aukeko assay results and can figure out if I dump and run or hold on.