Post by
MaterialsMan on Mar 15, 2023 11:01am
What am I missing
This week, B2 Gold picked up 5% of a Company called Snowline (C.SGD). They paid about 20 million. Now here is a remotely located junior with a mkt. cap of about 375 million. So far, it has shown some good drill holes for but is a ways off from a resource estimate. Now we look at Tudor with significant proven resources and a deep pocketed neighbor (NCM), which is primarily into gold but produces and is hunting for more copper. TUD has plenty of both. Granted it has 60% of the pie,but give me break. The SP should be at least 3x higher unless there is something being missed on my part. The junior market is tough to figure.
Comment by
MaterialsMan on Mar 15, 2023 2:32pm
Stockpicks96, Thanks for taking the time and making the effort to provide such a detailed and insightful explanation of the situation. I certainly feel better informed. I kind of fell in love with the story when I invested, and now know why there has been little if any movement in the SP. Pierre is a real gem, never knew about his curve. Best regards, MM
Comment by
LonghandStrong on Mar 15, 2023 7:33pm
Met and recovery? Egads! Don't mention those or you'll get branded a basher.
Comment by
GoldmemberBC on Mar 15, 2023 10:06pm
Hey Fordster, Stockmoves, Whaffles.....where's Whaffles? Stackin somewhere no doubt. Looks like we have ourselves another basher here...;)
Comment by
1and1is5 on Mar 16, 2023 7:53am
Everyone knows where WAFFLES is LMAO. heads up