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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 Czicfwillgetermiton Sep 14, 2017 10:06pm
114 Views
Post# 26699015

RE:RE:GOLD is Flying

RE:RE:GOLD is FlyingYou make some valid points.  I am not as concerned about them crying about deleted veins when they have 24 other veins they decided to ignore during this ramp up that made money at 1100 gold with same lame union.  These guys were forecasting 200k oz and 700 aisc in jan of 2016 before tax issue hit  and mine fatality that was public reason for slowdown and mine revamp.  So were they misinforming shareholders then about resources or misinforming shareholders now. Hard to say.  

The long stall on tax issue is a mystery.  But as a negotiating tactic to PR that veins are depleted is arguably a better strategy then stating san dimas is loaded with gold and we can afford any  new tax or strem deal you can throw our way so to speak.  Its also better for wheaton who needs to sell any deal to its shareholders and put other miners on notice you better be on death's door before we throw you a lifeline.  

Whaeton may or may not continue to backstop revolver.  I personally think its in their best interest to keep P alive and continue with a modified but still very generous stream deal.  

This buys time and maybe increased gold and silver production and prices  saves the day at P. We shall see.. 
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