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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 stanleyon May 23, 2015 7:22am
168 Views
Post# 23757016

RE:RE:RE:RE:RE:Globe Says Primero (P-TSX) Enjoys Strong Analyst Support

RE:RE:RE:RE:RE:Globe Says Primero (P-TSX) Enjoys Strong Analyst SupportTerry:

As Primero continues to execute on their strategy we appear to be getting an element that despises this positive. This appears to be the MO of bash & buyers. I have always believed in the property that George Kent brought to the market.

By being able to do my own due diligence I able to ignore the distraction being hurled at me. I post third party opinions when possible. e.g. From the market update we learn/confirm that:

Black Fox focused on transition to underground
Black Fox produced 14,504 ounces of gold during the first quarter at total cash costs of $1,077 per ounce and all-in sustaining costs of $1,552 per ounce. As previously announced, the mine is in a transitional phase as production shifts from primarily open-pit production to high-grade underground production. The underground mine remains on schedule to achieve the targeted 1,000 tpd production rate during the third quarter of 2015; thereafter all-in sustaining costs are expected to decrease materially. The Black Fox mill operated at 2,121 tpd in Q1 2015, despite challenging winter conditions. Approximately 94 per cent of the ore was mined from the open pit and the remainder from underground development, according to plan, as the company focuses on building its underground stope inventory. The company will continue producing predominantly from the open pit until mid-2015 when higher-grade production from the underground is expected to increase. As a result, gold production at Black Fox is expected to be weighted toward the second half of the year.


I would encourage anyone who "hates" this stock to sell and move on instead of worrying at my contributions on this board.

FWIW
Cheers
Stanley
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