Post by
Notgnu on Jun 21, 2021 11:54am
Puszy paper exiting before 10:1 = Good buying time
10:1 consolidation will be affirmed at the AGM in a week.
There will likely be a production update at the same time.
NCU is nearing or at 3,000 tpd now = cash flow cometh
Low volume fear money is leaving and that is giving a great entry point for smart investors
This is a long term success story that is only just beginning
Cheers,
Notgnu
Comment by
patchh on Jun 21, 2021 4:23pm
hope them warrant critters come down another nickel.... the pump-king is beginning tolook like a stuffed bank heist..
Comment by
Fishbillion on Jun 21, 2021 4:57pm
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Comment by
Notgnu on Jun 21, 2021 5:03pm
Flip off... no coffee maker for U. N
Comment by
Notgnu on Jun 21, 2021 5:06pm
Show all your numbers fish-soup. Opinions are like azzholes... eveyone has one. N
Comment by
Fishbillion on Jun 21, 2021 5:07pm
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Comment by
Notgnu on Jun 21, 2021 5:13pm
So you are saying that their all in cost is not $1.86 per pound but rather $4.50 per pound? N
Comment by
Notgnu on Jun 21, 2021 5:31pm
...and 3,000 tpd coming to the surface (grade unknown re dev ore) at call it avg. 1.3 % to be cautious, is still 2.1 million pounds per month initially. That is sold for $4.20 per pound revenue ($8.4 million) and generates about 1/2 that much in cash flow... yes, a lot of that gets used up in the process of moving to the 5,000 tpd over the next few months but that is what it is there for. N
Comment by
Fishbillion on Jun 22, 2021 11:09am
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Comment by
Notgnu on Jun 22, 2021 11:22am
I suppose I look at it differently, and maybe I am using the wrong terminology, but from a business point of view if they are now getting more than an extra dollar a pound and putting that cash to work in building the underground capacity, rather than using it for either hookers and blow or coffee even, then I am quite happy, and other shareholders should be as welll, IMNSHO. :) N
Comment by
patchh on Jun 22, 2021 1:02pm
CM and LIF - good time to margin and sweep while NCU sleeps... Myoptic lone stone ponie investor; is a wast of time 2 digest...
Comment by
patchh on Jun 22, 2021 3:18pm
Canadian Imperial Bank of Commerce @ 1.46 cm Labrador Iron Ore Royalty Corp @ 1.75 lif 1000 cm - then sell 24 - buy 2000 on june 25 - exit june 30 Bank of Nova Scotia @ 0.90 BNS warms up first of July.. these canuk stoks are on a tear - not much retreat dayafter
Comment by
westcoast1000 on Jun 22, 2021 3:30pm
patchh Yes we have good banks in Canada. I do own LIF. I have never been one to "rent" stocks for the dividend. You might be better off holding on some Cdn banks for a while. Banks are still barely recovred from 2020. BNS, for example, had modestly higher share prices in summer 2017 than now. And they have paid their divs every month. Analysts expect a dvidiend raise for BNS.
Comment by
westcoast1000 on Jun 22, 2021 3:37pm
LIF = up over 25% since April 20, 2021. A good reason to hold AND get the dividend.
Comment by
patchh on Jun 22, 2021 3:42pm
i had held LIF - sold it.. will Buy a few for the parinbas account/checking - after BNS... i hav it about 5k$ 4 five days... -- interblokes does not hav a flip charge for storks.. couple buks.
Comment by
lumpy13 on Jun 22, 2021 11:25am
Fish: I'm curious how you calculate that CNU is not FCF positive at 3k tpd. I find it hard to believe it wouldn't be, altho it could still have some start-up issues, but 3k tpd should be accretive. If not, why is it still negative? thanks
Comment by
patchh on Jun 22, 2021 12:35pm
2.50 Cu @ 5000 v/s 3.00 Cu @ 3000.. and yes that m ine is still in the middle of some moderate construction - including one of the companies who sued and is still working on-site / in the main shaft upgrades....
Comment by
patchh on Jun 22, 2021 12:28pm
Hey Gill ! go buy some warrants ! tizz a good time for some bottom feeding.. quit sniffing for flakes of food.. gonna clog Ur air pump - go green alge... buy sell sell buy... Ur simply sitting there whinning and snivvling -w- kno buks4chuckie ! U sound like another Bozo w too much time...