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Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Bullboard Posts
Comment by VOKBLVRon Sep 30, 2017 1:35pm
205 Views
Post# 26762639

RE:RE:Zijin Mining

RE:RE:Zijin MiningI am curious- where do you see the risk with reguard to PVG. Zijin is currently a major shareholder. If they make an offer to purchase Pretium-I do not think it would be the only offer on the table. At this point, I doubt that RQ would sell to anyone as there is a lot of relevant news forthcoming over the next couple of quarters.. If the news is bad-no one will be steppng up, but to me it is more likely that the production numbers will be at least as good as the FS and in that case ,all of the big boys will want an opportunuty to take it out of our hands and with multiple offers it may be hard for management to resist
By Christmas the results from this years exploration should be available ad if there is encouragemnt either to the south east or to the potential VMS area to the north we will be moving from a one trick pony  to an exciting explorer again.
If the entire market tanks I suppose the shorters will win, but they are taking an excessive risk with PVG in my opinion. They would do better by shorting the FANG stocks because they have the farthest to fall.
Bullboard Posts