Blackwolf Copper and Gold Ltd V.BWCG

Where is the synergy between TML & BWCG?

[rockport1]

I really don't understand why the merger.  They don't have complimentary properties. Can't take advantage of Treasury's mill.  The offices are on opposite sides of the country and, initially at least, it appears they will keep both open.  If Lekstrom is staying on, no administrative savings.  

It seems like an odd pairing.  If anyone has some insight, please provide.

[marketsense]

I get your point rockport.  There is no synergy however with Giustra and the way he thinks,  there could be some longer term motive.  The Niblack asset is not exactly moose pasture and could be sold off at some point for a pretty penny if they so choose.  I listened to one of his last interviews where he stated that copper and other metals will have their run and he feels it is

[rockport1]

Thanks for your input.  I have been reviewing the Blackwolf and TML published documents today, and still don't understand why this is happening.  I suppose you could be right, something is being cooked up, but it is not visible as far as I can ascertain.  I am also somewhat puzzled why Blackwolf would not continue the Harry option.  This is what Rob McLeod said after the

[nofluff]

As I said before. It was envirmental. Guistra and Rob did a deal with fn.  Nf

[rockport1]

You're referring to your comment that Harry has environmental issues because it is near surface in a river valley?  Thus, FN folks have concerns?  What is the FN deal?

[nofluff]

Perhaps google Frank guistra and fn royalty deal. Nf

[buygoldnow]

To bad they didn't announce the merger just a month later, both companies share price would have double or close to it. In the face of dramatic rise in Silver & Gold as of late

[nofluff]

To simplify. The Goliath is production ready. The mill is there. So can they go to production themselves?? Morgan is primarily a mine builder.  Guistra is running the entire show. I do not have ms. Confidence. However, I believe the deal is probably good for the long term. This has been the biggest pump and dump, I have ever saw in my life. I was fortunate. In the 0.40s I was a dumper of 50

[marketsense]

Interesting comments.  I am certainly not happy how all this went down.  The BWCG project has basically been shelved and mgmt has done a 180 after raising money for the purpose of advancing their properties.  Suddenly now the focus is on Goliath through this merger.  I can understand why investors in BWCG,  myself included are rightly p'ssd off and are asking questions

[rockport1]

Thanks for the discussion folks.  After reviewing matters this weekend, I still don't have a clear picture where this going. I always say, when you can't see the potential future, time to move on.  I averaged down when it dropped below 10 cents, so I'm about break even anyway; no big win or loss.  Good luck to you.