RE:RE:RE:RE:RE:RE:RE:RE:I hold thist Stock since Sandspring Resources."lassonde ..i talked pierre lassonde curb"
when you just give a person's name, you can't expect people to know what you are talking about. lassonde is most well known for founding fnv. if you just say the word einstein people will think of his equation e=mc^2 and his theory on relativity, not his letter to fd roosevelt. if you mean curve then you have to say curve.
"Remember : " Petro can't win "
i never said he
can't win. i said the probability/likelyhood/chances were that he would not win. and he almost didn't. he only won by a very tiny percentage point just edging out his opponent.
"the glass full"
you always say the glass half empty. so don't be surprised if somebody replies with glass half full.
"Paredes - It' s not paredes who decided to mal invest , g notes , sprott, juby , dslv, spin off, out , etc.etc.."
paredes is the ceo. he is supposed to be the leader of the company. the ceo is responsible for what the company does, and should have vetoed all those bad things. if both the ceo and cfo needs somebody else to tell them what to do like serafino, then they are bad ceo and cfo!
paredes was good at managing the mines, so he should have been the
mine manager, not the ceo who let all those bad things happen.
"Soto is a risky monstruous capex"
half is paid for by their jv partner. half is $600 mil, only $200 mil or so more than toro. with that monsterous capex also comes monsterous number of oz, monsterous npv, monsterously low aisc, monsterous exploration potential. the larger a project is, of course the larger initial capex. just scale up the numbers. very low $500 aisc has a premium that justifies some higher cost.
as telfer said, it is easy for him to find funding, but very hard to find a tier 1 type of deposit.
"Woodyer telfer ... past is not the garantee of sucess"
it improves the odds of success. look at the foundation of the new aris: segovia, toro, marmato. huge number of oz, very long life, very large cash generation ability. even if woodyer is only
average management, the company can be very successful.
again you conveniently ignore
ian telfer who has had many repeated successes. his track record greatly improves the odds of success.
"preoccupied by their ego than the price of stock ( you know " to be the biggest in the americas ")"
do you know them personally and their ego?
regardless of ego, bigger does generally give a higher share price, lower cost financing,
higher p/e multiple (which results in higher share price), and attracts large institutions that drive the share price higher.
"try to open your mind to the inthinkable . "
if i do that then i would become like you Brioche, and i don't want to be you lol
Brioche wrote: Hummm, 3 post , 3 missiles ...i hope i do not haunt yours nights ...relax ..
To make brief
Post 3 : lassonde ..i talked pierre lassonde curb , giving the 2 best entry point and 2 the exit points . Once a miner project is fully established , permitted and financed , generaly the stock has a bull trend ahead . This is the 2e point. That' s why am still here , as marmato and toro (? ) are coming .theoretically un good run for next y . Doesn't mean the moon , with all the recents changes . It will give me my exit points. ( with some help of gold ) ( you were lost with fnv )
Post 2 : am not northforce and he is not me. Why to try to discredite anyone for free ?
On that matter , your self assurance makes you blind . Remember : " Petro can't win " .you are unable to imagine others thinking differently than you or an external event to happen .
Bashing : did i tell you you' re a eternal pumper ? You think only one way : the glass full .
Post 1 ( in the desorder)
Paredes : show me just one post where i criticized this guy . He is and was the executive for all the fino businesses for much more than 15 y .The fact he is at gcm for 7 y doesn't change anything . He delivered . Recovery , plant extension , drilling etc... he has always ( for me ) respected what was asked to him . It' s not paredes who decided to mal invest , g notes , sprott, juby , dslv, spin off, out , etc.etc..
He lives in colombia and not in rep dom, or canada . His strength was to be colombian and close to his team , and particularly the small miners . No strike , no problem at segovia .
A change for a canadian executive , in a leftist country with big inflation could bring some destabilisation. I very hope not . Keep in mind segovia is the only cash cow for still a good moment.
Of course i have openly criticize fino . ( from a shareholder pt of view) .
Toro : i never cited toro as a mal investment . It s by far tbe best asset on the paper. The entry cost was too heavy because fino never had limits with tbe shares , ( what should be the price now of gold x ) , but the project looks better . The problem is where are the so called $31 mil spent there . Try once to trust what you see and not what you are told ( specially with fino )
Show me for ex a video of the road promissed for 12 months and i keep my mouth chut .
Aisc: of course they lower the total costs. I don't speak mercury , grade here . The simple fact to feed the plant is an advantage . Try to remove 10 to 15 % of the ore and you will see the costs. Why do you think the contracts have been reevalued ?
The other hired advantage is they explore the site for free . Did you see tbe smile of fino when they hit heavy grades on certains veins ?
Soto npv and so . Soto is a risky monstruous capex . I remind you before good aisc , there is capex . The capex is someting certain ( always very undervalued) while aisc are not .
This is not a project in quebec or manitoba here . We are talking columbia, farc , earthquake , here .
A monstruous capex , in a risky country . I think you have to wait a long time before you see 550 aisc .
As the new aris is following the eQx path , have a ,look at Greestone ....
Woodyer telfer ... past is not the garantee of sucess ( mc even the legendary Dougharty ...etc lol ) and honestly for a long timer , i do not see where you find a good pluevalue.
My take is at that age , they are more preoccupied by their ego than the price of stock ( you know " to be the biggest in the americas ") . Gdneraly speaking i prefer the founders of a company but as fino has given up , and the merger almost done , we will have to live with . At the end be may be you are right : as good managers they are the first think they are going to do is cutting the divi ... happy ? -)
Marmato 50 k ? Be fair ..to wait h2 . I don't feel it good.
Sure i forgot plenty , but i must go . I will read your answer in time , but i will not respond . Be happy with your 3.3 cad stock ( am not ) and try to open your mind to the inthinkable .
GLTY however .