RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Julie's gone ...There is no nexus between the POG and a junior miner with low grades.
Billionnaire Lassonde family, raped and pillaged this company, participated in below market value financings and diluted the stock to the tune of close to 500 000 000 shares. Lassondes had a great year and are now selling their remaining tax loss to their billionnaire friend Lundin. They must have giggled. "There is no real geology here Lukas, take this off my hands. I owe you one. Pass the single malt please."
Lundin now has a float under 50 000 000 shares which he will dilute to 500 000 000 million shares over the next few years, participating in below market financings. Everyone wins, Lundins lawyer and banker friends, the investment houses, the consultants, the drilling companies owned by friends of friends. Lots and lots of winners in this scheme.
Both of these families scraped and will scrape pennies here and there. It's part of the how to become a billionnaire.
In the interim, Calibre still has a massive Board of Directors, chomping at the bit for options, per diems, bottles of celebratory single malt, annual salaries. Life is good I say. Life is good.