GREY:TUDMF - Post by User
Comment by
jobperkson Apr 30, 2010 12:42pm
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Post# 17049206
RE: THR vs. CGP
RE: THR vs. CGP
Welcome Klingklong,
I think Warant has a good point that playing both hands is a good strategy, but I have to agree with you that THR is the safer/smarter play.
----------Original Message Posted 4/30/2010 10:50:19 AM----------
Hello patient THR-Gang, I can urge you to stay patient even if the stock moves up now soon, since more assays are to be published soon & me wanting to shift more & more into this in the next days & maybe weeks (if sp doesnt explode away). I havent followed THR - not even heard before - but when read the news release & saw the market cap & non-promotion going on, I only needed to make up my mind if I bet on THR or CGP.
Thundermin, the operator, and Cornerstone have the option, on a 50/50basis to earn a 100% interest in the Little Deer copper deposit andadjacent property from Weyburn Investments Ltd. Thundermin, under itsjoint venture agreement with Cornerstone, has the right to increase itsinterest in the Little Deer property to 75% by completing a feasibilitystudy and by arranging 100% of the necessary bank financing required toplace the property into commercial production.
So with THR being the operator & being able to increase "ownership" to 75%, its not difficult to predict which one of the two is the better leveraged bet. Its in THEIR hands - so this is the one to be (i guess).
GLTA