CALICO RESOURCES CORP V.CKB

Very GOOD!

[Teatimenow]

https://www.newswire.ca/en/story/1272787/calico-to-sell-its-grassy-mountain-gold-project

30million cash + a 1%NSR.
RR to pay a total of 37.5mm including the purchase of SEA`s underlying royalty. seems they see value.
37.5mm in current mining market is A LOT of money, so i assume they will push the project foreward.

The buyer Rockstar Resources, Inc. is led by Ex Coeur d’Alene Mines CEO. So no scam here.

Nice. looks like a clear 100%+ chance, as it trades at 7mm. The Royalty is worth maybe 5-8mm + 30mm.
Worst thing here is a takeover offer from Sandstorm or Franco Nevada. Get cash + a Royalty.
BUT maybe they are smart themselfes and built on the Royalty and buy 1-2 other Royalties with that money.

After Premier has been bought out by SSL and GRC failed to go public, but instead was bought by Couer i could imagine a small Royalty CO has good chances to enter the market now.

[Primed24]

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[coquitlam]

in this biggest generational  bear market in junior golds investors are not even buying cash  on 60% sale to future cash on hand!!!!!

[bigbank91]

Hi Guys, I also read the news today. so If I read it right it sold for 30M cash plus 7.5M to sea a 1% royalty to be paid to Calico. as it trades at .225 why did we not see a purchase price ? and it seems .225 is low compared to the 30M plus Seabride take. whats the trade here ? it seems worth .60 ? and if we hold the shares are all we holding for is the 1% royalty ? thanks Im thinking it

[deepfried1]

It looks like everyone's hanging onto their shares hoping for that $0.55 - $0.60 offer

[bigbank91]

to me its better to hold at this price. 30M should be worth .50 . even if Calico was to issue a dividend of 20M it should be .40. The offer should be pretty solid and should get shareholder approval. will this formal share purchase include a purchase price of each share ? and how much will Calico need to continue its business ? seems like confusion on what the shares are worth right now. maybe