Post by
pdcon1 on Jul 24, 2015 9:25am
gold stream
there is a light at the end of the tunnel , check out new gold gold stream with royal gold for 175 million dollars to get mine into production. all is not lost just a hunch tmm might be working on something here but not necessarily with royal gold. tmm needs approx the same amount of cash say 175 million to get ana paula into production and a bit more for calbelo . with the higher gold grades and production of 360,000 oz gold they dramatically reduce all in costs and commit 230,000 gold oz to royal gold for 25% of the spot price of gold , payback would be only a couple of years and everyone wins , no share dilution and money in the bank . tmm share price would climb dramatically . jmo there are ways to get through this .
Comment by
pdcon1 on Jul 24, 2015 11:05am
looks like a bottom here , time will tell though missed out on .36 bid
Comment by
Mooneyman on Jul 24, 2015 1:22pm
think you 're reight pd - missed on filling my "stink order" at $.35
Comment by
pdcon1 on Jul 24, 2015 2:06pm
starting to nibble at gold now
Comment by
pdcon1 on Jul 24, 2015 2:31pm
l moneyman looks like our stink bid wont get filled picked up lots at .44 anyway a fewv days ago
Comment by
pdcon1 on Jul 24, 2015 3:23pm
oversold territory could take us back to 70 cents jmo i