OTCQX:CGTFF - Post by User
Comment by
BullStockingtonon Dec 20, 2017 8:27pm
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Post# 27200979
RE:RE:RE:In fill drilling at FG??
RE:RE:RE:In fill drilling at FG??Absolutely agree from the perspective of us long-term shareholders, the scenarios you outlined would come with a much bigger payoff.
My fear is a hostile takeover offer like you described, given I suspect us long term outlook shareholders are outnumbered. I agree with your point that a hostile takeover would be a very risky move by the Russians given the reputational risk and timing with permitting, but on the other hand they're known to be very aggressive, and your scenario 1 doesn't align with their history in terms of how they developed other projects (but maybe because of the size and risks of this one they're more open to partnership).
I really hope you're right and think that would give us a lot to look forward to in the upcoming year(s), (resource addition,ESIA completion, potential 3rd party buyout :) ) but imho the hostile takeover is definitely a real possibility/concern.
Time will tell and IMHO barring a permitting disaster, whichever way this plays out we're only going way up from here.