Post by
TheRealMoney on Oct 23, 2019 1:34pm
Maybe this godfather offer is on the table earlier
Kereport radio interviewed ct who mentioned the possibility of godfather offer,40 to 500% premium, who knows, this buyer is simply buy every share available
Comment by
BILLMINER on Oct 23, 2019 1:53pm
I believe a buyout is inevitable. Question is when and what price. Malartic was 3 billion!!! If it’s one billion that’s what around $24 a share. Keep drilling and keep the wolves at bay for as long as possible.
Comment by
diabase1 on Oct 23, 2019 2:00pm
Billminer: GBR's host rock is felsic tuffs (extrusive). Malartic's felsic intrusives. The 2 are not the same. The one deposit that is very similar is Agnico Eagles LaRonde deposit near Cadillac, Quebec.
Comment by
Goaweigh on Oct 23, 2019 2:36pm
Sortof like Boy deposits and Girl deposits ? Hmmm, maybe those two did some hanky panky and called it Dixie !
Comment by
BILLMINER on Oct 23, 2019 2:39pm
Diabase1: I’m referencing chris’s comments in today’s podcast in which he refers to the footprint and ozs of the Malartic deposit. Not talking geology here just ozs and buyout numbers.
Comment by
Cedarcottage on Oct 23, 2019 3:05pm
Could you post a link to the podcast.
Comment by
TheRealMoney on Oct 23, 2019 3:12pm
https://www.kereport.com/2019/10/22/great-bear-resources-summarizing-the-overall-scale-of-the-dixie-project/
Comment by
diabase1 on Oct 23, 2019 3:12pm
Billminer: Gotcha on that. Thanks for the clairification.
Comment by
BILLMINER on Oct 23, 2019 2:55pm
Diabase1: is the laronde deposit not vms gold rich deposit? Yes the 2 are very different .
Comment by
diabase1 on Oct 23, 2019 3:20pm
Billminer: yes it is, with approx 2% zinc, 0.35% copper. I believe GBR also has Zn and Cu, with lower grades. I'm basing the similarity on the felsic tuffs.
Comment by
TheRealMoney on Oct 23, 2019 3:27pm
Do you think if it has nickel copper and pgm on this lP site?
Comment by
BILLMINER on Oct 23, 2019 3:37pm
No nickel copper or pge . Not in any economical sense anyway.
Comment by
Goaweigh on Oct 23, 2019 3:53pm
No but Diamonds, Steel, Coal and Aluminium for sure ! Aye Yi Yi !
Comment by
BILLMINER on Oct 23, 2019 3:34pm
No worries diabase1. All that matters is the amount of ozs .