Post by
Brioche on May 27, 2021 12:29pm
Tomorrow the new gcm.
No counter offer .
How il senor fino will run this huge deposit ?
Will be able to ovoid more dilution ?
Will be able to act for all shareholders and not for his personnal portfolio ?
Will the ex gldx insiders hold their new shares ?
Undoubtedly a new story for gcm .
The very little good news is gldx should bring 7 mil usd in its bag .
Glta
Comment by
clubhouse19 on May 27, 2021 1:05pm
Smart fino,,,did he negotiate a hold period...for those shares with a 40% premium ?? Nothing mentioned in the NR so why wouldn't those shares be dumped at a profit by insiders ??
Comment by
RHertig on May 28, 2021 8:42am
I have never seen a hold period in a buyout. I'm not sure it would even be legal.
Comment by
invest234 on May 28, 2021 10:37am
Toroparu 10.5 mil oz of mii + segovia 2.6 mil oz mii = 13.1 mil oz plus 20 segovia veins to explore + Toroparu recently discovered high grade structures and huge 53,283-hectares of mineral leases in guyana to explore. so that means gcm runs out of gold in 3 years as the bashers are claiming? lol
Comment by
invest234 on May 28, 2021 10:42am
and 44% of marmato's ~8 mil oz when drilled. and all the other oz from share holdings.
Comment by
cmj1966 on May 28, 2021 6:38pm
This post has been removed in accordance with Community Policy
Comment by
prem124 on May 29, 2021 8:12pm
You can sample the ore sent at independent lab to establish a grade. There is no need for trust, just a professional business setup.
Comment by
Thales42 on May 30, 2021 7:36am
It could be done, but would require monitoring the grade when ore enteres the mill and checking the concentration when dores live the mill. Keep in mind that test trials could take longer than negotiating the agreement