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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

Comment by TedOwenson Jun 02, 2014 1:16pm
166 Views
Post# 22621546

RE:Gold going down again !!

RE:Gold going down again !!Gold is not going anywhere for at least another year or two maybe more.........Primero being a so called "gold equivalent" producer is actually a misnomer as they don't actually produce that much gold and have relied more on other metals to keep things looking better than they really are.........Black Fox was picked up due to Primero realizing that the "gold equivalent story" was not sustainable in the long run and needed an actual pure gold model to have any chance of capitalizing on the future gold price and ultimately their own position.........Unfortunately, the gold price being depressed takes a lot of the wind out of the sails of the Brigus takeover value in the short to medium term........Brigus CEO Wade Dawe had no reason to make any such deal as the one it made with Primero outside of his own positioning as far it appears.
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