Post by
goldstd69 on Jul 25, 2016 7:02pm
This is news to me also...a shocker
I just hope this is a worthwhile investment for KLDX. I never have heard of Carlin Resources...they have no website. Guess time will tell.
Comment by
passionatepiper on Jul 25, 2016 7:08pm
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Comment by
RocksandStuff on Jul 25, 2016 7:14pm
Carlin Resources is a subsidy of Waterton Global Resource Management. The are a private equity company that acquired hollister from Great Basin Gold during bankruptcy. Esmeralda is a nice property as well. They probably overpaid. But they need mines that are at an advanced stage.
Comment by
passionatepiper on Jul 25, 2016 7:17pm
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Comment by
goldingot on Jul 25, 2016 9:07pm
Agreed....I'd have to believe they did their homework and the next RE we get will show a substantial resource that they can apply their expertise to. They have one of the best management teams in the industry and It's highly unlikely they will make a mistake on a deal like this one!