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Bullboard - Stock Discussion Forum Allied Copper Corp Com SGRWF

Gold Rush Cariboo Corp is a development-stage company that is principally engaged in the acquisition, exploration, and development of mineral properties both in and outside North America. Its project includes Voisey West Project - Labrador, Newfoundland.

GREY:SGRWF - Post Discussion

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Post by Thanksforplaying on Jul 22, 2019 5:46pm

Thoughts

1. Yes I heard that the new tech team coming on board was going to bring another deal to the table. I’m interested to see if that still happens.  Obviously there is something wrong, to why put a good new project into this pig, unless a big rollback coming.

2.  Sbd also has the same investors and also had a big dump before it stabilized.  Perhaps one partner wants out.

3.  I could see the gold rush deal get pulled out.  It seams to have issues.  But then what happens to the 2 million in debt owed to the property vendors?  Maybe this is the vendor who got the 12 million shares blowing out his stock.  That said why hasn’t any insider selling been reported?

4.  My guess is someone involved in the dealwanted out and is proving a point by pounding the stock out.  But why?

5. Hopefully any rollback isn’t too painful.  Someone is loading up on stock though.

6.  Next nr will be telling.  Rollback, new team quits, who knows...
Comment by AgentSalt on Jul 22, 2019 7:17pm
My guess is that Murray which is 70, got kicked out of the door by the younger folks. He might be a little pissed off...i think he or someone close to him decided to dump everything. There is value here... look at the price of gold and peers prospecting in the Quesnel area BGM or SBA. Also, the company wanted to start production in June ... some big investors might be a little disappointed. I ...more  
Comment by BadMedicine on Jul 22, 2019 7:32pm
I agree ......... I don't see a roll back coming as they just amended the warrants in March which would have been done for the same investors catching the loose paper right now. It's a forced issue. The current "transfer" of shares in the market should be done shortly and then terms on the Voisey's Bay West property will become known, me thinks. It was the Voisey's Bay ...more  
Comment by AgentSalt on Jul 22, 2019 7:58pm
Thanks for the input BM. do you care to give me a little context on the Voisey's Bay West deal? I cant find any links between GDBO online other than the geo team & their experience. I don't think Vale would get rid of that property right?  Also, what about goldlands in all of this? I think they all wanted to go gold rush discovery channel style, but might got a reality check ...more  
Comment by BadMedicine on Jul 22, 2019 8:28pm
AgentSalt, both Vale and Inco had done limited historical work on the Voisey's Bay West property and magnetics show a NE trend through the property that align .... go up through ..... and adjoin Vales Ashley and Ovoid mineralizations on Vales Voisey's Bay project. One good drill intercept on the Voisey's Bay West property trend would send this stock flying. I wonder who is picking up ...more  
Comment by BadMedicine on Jul 22, 2019 9:32pm
  Dawn Evans-Lamswood, P.Geo stated “we were originally attracted to Gold Rush Cariboo because of the significant resource assets in the historic Likely Gold Rush camp. The Likely Gold Rush camp is a complex tectonic zone with. Ubiquitous gold discoveries throughout this property are with significant economic value. The project success will be advanced through innovative models developed by ...more  
Comment by Thanksforplaying on Jul 22, 2019 10:15pm
The repricing was in March so lots could change in a few months. any idea how this new deal fell into gdbo hands?  Any risk they decide to just put the deal into a shell that isn’t so sloppy?
Comment by BadMedicine on Jul 22, 2019 10:42pm
Indeed the repricing was in March but the addition of the Voisey's Bay West team was announced on June 18 ....... a couple months after the repricing. 100% there is being a transfer of paper going on in the market and all you can do is speculate on the who and why. All I know is Voisey's Bay West was put in play and the  addition of the new team is all part of it. So you think Bob ...more  
Comment by AgentSalt on Jul 22, 2019 11:34pm
Right... thanks. I think I’ll be adding to my position tomorrow. This can’t go much lower... hopefully they issue a good press release, boost share price, exercise those 30c warrants and get this show on the road. Would be good to see some insider buying too...
Comment by Thanksforplaying on Jul 22, 2019 10:12pm
Murray was just a name on the deal.  The real guys behind the deal are Bob Cross and Sam.  My guess is one or both of them dumped there stock.    I hear Bob is getting out of some stuff so probably him. nothing has been going on in BC.  They are far from producing