Post by
javaman12 on Sep 09, 2023 5:41pm
The New Crucible Forum, Doesn't Seem To Work!
Down goes the ship, rudderless and now without a flag? But alternatives may still exist! Paper losses, aren't written in stone! Better decisions, may yet be made!
I tried to access Canada Silver Cobalt's investor forum. But the e-mail link to confirm my membership, was never sent to me by them! Should I be surprised?
Perhaps they should have gotten all of the bugs out of the system before they embarrassed themselves, once again! It's not a good look! Maybe others here, have had gotten a better result?
At least, Stockhouse still seems to work, if we remain always polite with our words!
Maybe, for some future funding, CCW management might be able to use some additional bulk gold sampling from their sister company, Granada Gold?
Don't laugh! That sounds like a good idea from my perspective as a CCW shareholder!
I am not a shareholder of GGM, so I don't care if CCW chooses to take that option, to try to advance, both of these companies!
Who cares? Like Castle silver, Granada gold, simply represents lost opportunity, if left lingering, for many more years, wasted in the ground!
I now also concur with the constant complaining that 'ballsofire' has been doing about the slowness of the resource update, for the Castle East, 60,000 m drilling program.
I am sorry that I have no 'pail of water' to help you with your hot groin issue. It's good to have 'balls' like you do, in this life.
But for some, it's difficult to keep them hard! And cold water thrown in your direction by me, certainly wouldn't help! Thanks for the laugh! You are a funny guy!
Only CCW management might help you there! But I do agree with your important point that this newer resource update, seems long overdue!
The old one only provides some indication of a bigger sized resource! We need more!
I am also now scratching my head over this one too! Why the long delay? Management seems to be taking a long time and is not explaining the reason for this delay.
Castle was supposed to be regarded as CCW's flagship property. The good prospects here did appear to be, extremely positive. And to me, they still do!
But to make Castle East, more feasible as a feedstock ore body, then company needs more meaningful data about the reliability, about the amount of that resource.
Where is it? The drilling has been done! And the data was submitted, a long time ago!
As well, the main Castle mine, already has an abundance of abandoned ore. It sits on the surface as abandoned rock and in stopes below in the form of muck, just waiting to be hauled to the surface!
The abandoned Castle ore has already been evaluated by CCW and assigned a extremely high value, in silver content!
In Ontario, even tailings left discarded as waste, may one day, be reprocessed like ore. But don't hold your breath, waiting for politicians to give this environmentally politically charged idea, the go ahead, any time soon!
Politicians prefer quieter times to make their more controversial decisions public. And lately the Ontario governent has been taking a lot of heat!
For shareholders, politicians and their decision making process can prove more difficult to understand than the decision making of reluctant miners, like the management at CCW!
Silver offers some significant cash value to explorers, willing and able, to pursue, their option to mine!
CWW management why the delay? Get the permitting process completed and get this mine up and operational!
The previous operators just walked away when a poor silver price forced them to shut down their former operations!
Today this commodity space is much different. Silver prices are now much higher!
And yet CCW has simply found, no way to get this valuable mine, back into operation! Why is that?
There are still many levels of this mine that can prepared for mining again. But the top level is ready to go!
At least CCW has accomplished this much! Kudos for that!
But why did they stop there?
It's no wonder that shareholders are so very frustrated with this management team!
They use a shot gun approach, to get the share price higher! It's not working!
Why don't they first focus first on getting the Castle mine up and running?
Wouldn't that raise the share price sooner?
Then explore the other alternatives that the company still offers to other potential investors!
In this difficult market, investors and shareholders might prefer to see a company that offers revenue with a potential for profit!
There are many explorers offering an abundance of metals to mine! But CCW has a mine, sitting ready to go!
They can start to mill their high grade ore at their TTL lab and milling site in Cobalt!
Once the revenue comes pouring in, then the cash could become available to build a proper mill!
Am I wrong? Isn't management saying exactly the same! Why then is there any further delay?
It should be relatively an easy process to source the permitting cash, if this objective is given some precedence in their decision making process!
That's what investors want to see! Management take note! We want to see a higher share price! Not a lower one!
At the Castle mine, many veins, rich in silver are just sitting idle, waiting for any miner, who is keener to get some major siver mining operation, here up and running now!
Maybe a reluctant miner like CCW should spin the Castle property out too?
If that would be better consideration for increasing shareholder value, then just do it!
Management should better focus on it's shareholders, first priority! They want a higher share price!
Shareholders, could profit considerably, with this better approach!
What's taking CCW management so long to get the ball rolling on this silver mining operation?
Maybe some other miner with the needed capital or willingness to get the job done faster, could step up to the plate and make a better hit?
Maybe a takeover offer, even hostile in nature, might soon be offered up? Let's just hope so!
I am pretty certain that most of CCW's new retail shareholders, would jump at any chance to make a quick profit, on this one.
Especially now that so many shareholders, seem to be, so bitterly disappointed with the failure of present management to get this silver mine operational!
And their longer term shareholders would be equally willingly to sell, at any better price, than they are likely to get today!
And wouldn't any buyer of this company's assets be more likely want to make any acquisition, prior to any spin-out of the Graal operations?
Why not get more bang, for the buck, while this share price, remains so very cheap!
Don't expect any take out offer to be overly generous now, given the present day share price.
Marty and I only got a double in Rockcliff Metals from Hudbay, at the rock bottom price that most shareholders had last, been willing to pay!
That may be all that any miners will give us today! Maybe we will get a small double in price?
Why would they be willing to pay us, any more?
The shareholders of this potential acquisition target, seem very anxious and much too eager, to sell out, of all of their shares!
So as long as these shares remain so very cheap, we may only be offered, perhaps only 8 cents per share! We may get even less, as a take out offer, especially if these shares, continue to fall in price!
This fiasco is completely management's fault for failing to deliver on behalf of their shareholders!
If a hostile bid is offered, expect that the majority of this company's shares to be tendered. And there will be nothing that CCW management, can do about it!
It's what they deserve! They deserve to lose their jobs and their most precious salaries!
The retail investment community holds most of their shares! I would be more than happy to get at least a 50% return, on my investment, in a shorter order of time! Why would I want to wait, any longer?
Without a take over bid, we may be waiting a very long, long time, for some more postive move in the share price.
I am hoping for a take out offer! Is any miner, now looking our way?
Miners, open your eyes to value here! Please take us out!
Time will tell! I do hate losing money, even more!
With a continuing management, seemly as inept as this bunch, should we really expect much of a payback, any time soon?
There is no denying that CCW has many excellent properties, awaiting futher evaluation and future development. That is the CCW slogan!
But it does appear that a better operator, could get it all done, so much sooner!
Why should we have to wait?
Am I being overly critical? I think not! I have good money, invested here!
Hoping for the best!
But perhaps, a better performing team should take over this company's operations?
All the best! Java