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Cornerstone Capital Resources Inc CTNXF

Cornerstone Capital Resources Inc is a mineral mining company. Through its subsidiaries, it is engaged in the evaluation, acquisition, and exploration of gold, silver and copper projects in Ecuador and Chile. The group is organized into business units based on mineral properties and has one business segment.


OTCPK:CTNXF - Post by User

Post by RatPatrolon Oct 16, 2022 12:44pm
344 Views
Post# 35027738

Newcrest Passing up Big Opportunity (2) ??

Newcrest Passing up Big Opportunity (2) ??

Further to my comments below, Newcrest management should consider my posts made on this (CGP) Stockhouse site for

April 6th 2022 entitled A Big Hairy Isea For Newcrest 

And...

April 31st 2022 entitled At A Minimum.

I would also direct Newcrest management to 2 deals very recently announced in the mining space:

1) Glencore buying Newmont's stake in Yamana's Mara project,

2)  Agnico Eagle buying 50% of Teck's Mexico mine.

The trend that these deals are exemplifying is ...................

     RISK SHARING!!!!!!

This has been a feature of MANY MANY industries 



                           FOR DECADES!

This trend appears to be finally hitting the mining industry.
And I believe this revelation has been partly caused by the series of disasters
at Turqoise Hill.

Newcrest has a chance to carve out a lower risk, more profitable stake at Cascabel.

Yes BHP may be upset.
But BHP will live with it.

BWDIK??

We c.........................

JMHO  DYODD







 

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