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Cube Psytech Holdings Inc. T.P


Primary Symbol: P.CUUB

Cube Psytech intends to trade on the Canadian Security Exchange. There is no date set for the closing of their Initial Public Offering at this time.


P.CUUB - Post by User

Bullboard Posts
Comment by algroveon Sep 08, 2012 11:01am
315 Views
Post# 20336944

RE: Precious Metals Summit...

RE: Precious Metals Summit...

Thanks for the link.  She speaks very well and obviously on top of her subject (BTW is that an Aussie accent?). 

 

From her answer to the last question, it is obvious they would have liked to have got their hand on Northgate's YD mine in Ontario.  Their other wish list is other mines in Mexico.  Aurico (AUQ) has the YD mine in Ontario plus two remaining mines in Mexico. 

 

Their share price has tanked since the Northgaqte take-over by AUQ, from a ratio of 3:1 compared to P, to almost 1:1 right now.  Weak management is their main problem, which is P's strength.  It would be interesting if P ends up after all with the YD mine through a combination with AUQ.  Combined production would be in the 500k area, with 4 mines.  Interesting if it happens. (don't know if there are bad personal feelings between the parties relating to the Northgate episode that could prevent such an occurence).

Bullboard Posts