Post by
arh0070 on Feb 18, 2017 10:47am
Calandra report
I recieve the calandra report .He is a long time supporter and buyer of gzz and rzz .he has sold a few Gzz to take some profits .I have also ,it had a good run recently in anticipation of agnicos/yamanas results .Good sometimes to take profits during buy the rumor sell the news cycle .Both agnico aand yamana have dropped ,not sure what the strike price was of the abitibi covered calls on these two ,will go back and check .Calandras comments on the drilling were similar to what has already been expressed namely the final resource for abitibib at oddysey north is not yet in with more infill drilling required .Abitibi should be getting royalties from the barnat extension within a year ,this is a smaller resource but will provide cash flow .Calandra is keeping his abitibi .I intend to buy buy back and add to my position in gzz if it falls further .I have no abitibi and am not buying any .Looks like oddysey north will probably end up around a million ounce resource or so .Will see what Ball has to say .things should hot up in the spring (in quebec) when exporation should crank up .Meanwhile gold is going up .Calandra expressed the opinion with which I agree that the bull market for small miners is just getting started .