OTCPK:CTNXF - Post by User
Post by
RatPatrolon Apr 06, 2022 1:59pm
182 Views
Post# 34581386
A Big Hairy Idea For Newcrest
A Big Hairy Idea For NewcrestThese folks are savvy, and the most experienced U/G block cavers in the world today.
They can report a decent experience in Ecuador, owning 20% of Lundin Gold's equity, a large package of it's debt, and an NSR extending over much of that mine's life.
We also know that BHP intends to operate Cascabel and consolidate (at least 55%) control onto its balance sheet.
A BIG HAIRY IDEA
Newcrest might consider offering to buy the parts of CGP that it wants to own - possibly the SolGold shares plus the 15% of ENSA which entitles it to product unfetttered from Franco Nevada's NSR.
Newcrest might consider paying for these parts with Newcrest shares.
CGP holders would receive a tax free rollover.
Newcrest shares would become more liquid allowing inclusion into ETF's and indices.
IN ONE STROKE
Newcrest would own 20% of SolGold shares plus a 15% direct interest in Cascabel,
one of the very largest undeveloped gold, silver, copper properties in the world.
JMHO DYODD