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Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Comment by sailor8on Nov 27, 2021 1:39pm
165 Views
Post# 34172320

RE:RE:RE:70.85% = Quite narrow "YES" vote result at Kirkland Lake

RE:RE:RE:70.85% = Quite narrow "YES" vote result at Kirkland LakeKL Institutional voted "yes" because the offer was made a fair point of time, after KL share price had moved up ~ 600 % in the last 5 years.

PVG had only moved up 60 % in the last five years. But, as there are such super drill results and research reports by "GoldSpot" it will most probably move up something like ~ 500 % within the next five years. 

As said, the timing is extremely unfair and intitutionals are not stupid, they know about it. See the statements of the Van Eck geo.

Even if you take Newcrest and Pretium in the sum, the abstract economics will not look better by such a merger. There will be only added a swammy mass of an additional management layer with all its costs and needless doors between "decision to make" and "executions to make" on the Pretium grounds. Not good for the: economics + the mine workers + the First Nations + BC + Canada ! 

Who knows, what Aussi Newcrest will invent on "tax avoiding" tricks for BC & Canada within the next years... ?!!
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...The results from Pretium's high-grade gold discovery are incredible ...
(GoldSpot on October 27, 2021)
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