RE:RE:Shorts are really panicking now!!even if it is giustra, he sold his shares of gcm a long time ago and is no longer an insider.
it is called networking. everybody including companies have a network of friends, they recommend this and that to people in their network. he has connections in the mining industry to get deposits on the cheap and gcm is making use of his connections.
so he flips a house, the gold price rises several hundred dollars, and he sells it for a profit. isn't that what everybody does?
it is not like gcm got shafted. 4 million oz gold in one of the safest jurisdictions in the world for $50 mil is a bargain in this bull market with gold near all time high.
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rockhead, so why did you not post the link to the sarc bidding process you keep talking about that I asked before? google shows nothing on that or did you make that up?
how do you know sarc did not pay anything else to lake shore?
why would lake shore sell juby to a company with no cash and no assets? the only way that would make sense is if sarc gave a lot of shares to lake shore, in the same way caldas with no cash and no assets gave a lot of shares to gcm.