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@internalaudit @HighROI : You may be correct, the calculation was based on known/ascertained volume of deposits. Could discover more leading to higher valuation.
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from #tk,
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@HighROI I think we did @galvanizer
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from #tk,
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@tommy @PamplonaTrader @Highroi enjoyed gaining some financial independence alongside you over the past years. Yea we trounced ALL PMs, but as we're beginning to learn, it's harder with more. Need to preserve capital, avoid Valeants.
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from #index,
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@HighROI @yumyum I suppose you are wireframe22 from SH
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from #nxe,
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@PamplonaTrader I was just chatting with @HighROI @EricTheActor @SellHigh and the boys had an interesting idea. @HighROI floated the possibility that $NXE could be in negotiations to combine Rook I claim block S-113933 with $PTU's Hook Lake in efforts to consolidate the Harpoon and Spitfire discoveries. http://imgur.com/1JDmmit+ NexGen is not getting much torque from these smaller regional discoveries. It's clear that Harpoon-Spitfire is one emerging deposit. Combining Bow, Cannon, Harpoon and Spitfire (and many km of fertile strike) would give the NewCo critical mass to unlock meaningful value for its stakeholders. This makes lots of sense on so many levels. We've heard that $NXE has good relations with the Frostad Bros at $PTU (while $NXE's relations with $FCU remains, well, just frosty). The major suitors for Arrow - Rio, Cameco, AREVA - are all stakeholders: Rio has a 10% carried interest in S-113933 and Cameco/AREVA have project equity in Hook Lake. Their approval of any such corporate action means they will not require Bow, Cannon, Harpoon as part of any deal for Arrow down the line... giving Leigh the green light to spin out assets now rather than waiting for takeout negotiations for Arrow.
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from #nxe,
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@PamplonaTrader @teevee not saying this will be easy. In my chat with @HighROI @EricTheActor @SellHigh, I specifically mentioned the fact that all the fingers in the pie make it difficult to negotiate the combination. However, there has been lots of rumors floating around lately and while it's fair to question Cameco, AREVA and Rio's enthusiasm for such a deal, the combination makes lot of sense for $NXE and $PTU shareholders.
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from #nxe,
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@HighROI @Rulingmining very doubtful we would get any shares until a sale. Keeping 50% ownership in Leigh's hands protects the scarcity of Arrow in case another major discovery.
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from #nxe,
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@HighROI With regards to ISO shareholders would have dumped shares and impaired the ability to raise funds. What is the point of a dead duck spinout?
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from #nxe,
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@Rulingmining @HighROI, then I am likewise not following the benefits of the spinout to the shareholders
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from #nxe,
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@BruceWayne That's not necessarily true @HighROI
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from #nxe,
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@HighROI Who knows what is going on but this feels like more than a Mexican stand-off.
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from #nxe,
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@Rulingmining @HighROI LOL, in truth, I do not care much about Harpoon, but I'd like to see the results regardless.
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from #nxe,
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@HighROI With Areva locking up the Preston project and if a merger of Hook Lake and S-113933 were to happen I think that is pretty indicative that some fairly serious discussions have happened around Arrow.
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from #nxe,
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@HighROI Cameco not in a position to make a full cash offer IMO. As @BenjaminCox says a cash offer would freeze any other bidders and Rio one of the few able to do so.
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from #nxe,
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@BenjaminCox @highroi Rio by making a cash bid upfront for $NXE, they kill the bidding process and they know that.
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from #index,
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@HighROI @BenjaminCox I highly doubt a 30% premium to market here will cut it as an offer for $NXE.
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from #index,
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@investorwannabe not from where the stock is today, agree @highROI. near the highs before updated RE +30% would probably have got the job done
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from #nxe,
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@HighROI @lukejackson Cash for me $nxe. I think upside participation would come in form of Royalty and land spinout.
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from #index,
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@JKMD43 @HighROI agree.
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from #nxe,
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@HighROI @LukeJackson Royalties and Land already structured as subsidiaries in $NXE.
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from #index,
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@lukejackson Interesting thanks @BenjaminCox @HighROI @fl
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from #index,
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@HighROI @Rocketred I brought this up recently how people throw out certain market caps and insinuate said stock is expensive because the market cap is a certain number $nxe. Not a valid bear argument.
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from #index,
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@HighROI Some pretty smart people have also put into question the $PVG reserves. Going to likely find out this year who is right.
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from #index,
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@HighROI @cole119 you are correct. 15 ema 3.28 and H&S neckline of 3.25 are areas of resistance confluence. Credit to @pamplonatrader and @goldfinger respectively.
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from #nxe,
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@HighROI I did have a chat with Rob last week and my impression was certainly there is no financing plan in works. If you are waiting on a Financing I think you will be disappointed. Sentient and IFC will excercise Nov warrants before allowing themselves to be diluted by a Financing. I have spoken to Rob on several occasions and I find him very credible.
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from #tk,
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@PamplonaTrader Thanks @HighROI. Rob one of the most over-qualified IR persons I've had the pleasure of speaking to. Great people at $TK.
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from #tk,
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@HighROI Depth looking pretty good on L2
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from #tk,
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@HighROI Dirty dirty moves. This coming from someone who still has shares as well.
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from #bmg,
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@HighROI Great question
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from #bmg,
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@HighROI What is cash position? This is likely dead money until fall.
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from #ptu,
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@HighROI "There is no doubt that Grasberg is a world-class resource. However, there's a difference between a world class resource and a world class business," Chief Executive Jean-Sebastien.
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from #index,
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@teevee @HighROI, I will take Jean-Sebastien's comment to indicate that Rio Tinto will sell its interest in Grassberg, building up the pile of cash.
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from #index,
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@HighROI @Highheat I like VLE and think market is overlooking a good risk / reward story. Statoil should be spudding any day now.
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from #vle,
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@HighROI Depth looking good. Bunch of old, stale small asks up to .28 and some good solid bids backstopping the financing price of .20. I would be inclined to think she runs nicely when financing closes.
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from #vtt,
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@HighROI Classic descending triangle pattern with upside breakout targeting .30 to .32. 36-45% return. Arguably best commodity in mining for next few years, @HRA-Coffin stamp of approval, and near term catalysts with resource update and drilling. I like my chances at these prices. http://cdn.ceo.ca/1cfkbj7-VTT001.bmp
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from #vtt,
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@HighROI Depth tool great value. I would say it has paid for itself in short time I have been using.Knew I had to accumulate this week rather than chase next week.http://cdn.ceo.ca/1cfkldo-IMG_0274.PNG+
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from #vtt,
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@Goldfinger That's a big bid there at $.225 on $VTT. Agree that #CEOPro market depth tool is top notch @HighROI
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from #index,
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@HighROI @Goldfinger close at .24. Bring on next week.
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from #vtt,
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@Goldfinger @HighROI Indeed, nice volume follow-through. Sharpened my pencil and got a C$.31 breakout target. $VTT
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from #vtt,
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@Pete So.. As I said some weeks ago, difficult times at the firm, whole department got sacked last week.. but only in 2018, hurray! Glad I managed to earn some serious extra money last two years in the junior resource space. Special thanks to the project teams at $RMC $KAM $NXE $TK $OOO $COR and to the posters that helped me shape a better view on many different aspects of this sector; @tommy @pamplonatrader @ocotilloredux @BDMineFinder @Cole119 @benjamincox @HRA-Coffin @HighROI @CriticalInvestor @Ty and the whole ptcharts crew. Many more I try to follow regularly but the list of made up names is getting too long ;) GLTA
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from #index,
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@HighROI Cameco reporting on 28th will be interesting to get update on market outlook and if there will be significant production cuts at McArthur River Gitzel hinted at BMO conference.
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from #nxe,
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@HighROI Solitario buys Zazu for 41% Premium in friendly deal.
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from ~zinc,
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@Pete Putting on the pressure for tinka you would think?
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@HighROI @Pete Will be interesting if we start to see an increase in M&A activity.
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@HighROI Added some more at .21 on the Back Test http://cdn.ceo.ca/1cg436q-VTT%20BackTest001.bmp
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from #vtt,
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@HighROI What about Constantine Metals? Tognetti is a common denominator in both Adventus and $CEM.
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from ~zinc,
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@T i would be doing the same if i had any free cash @HighROI, hoping i get some before the real pop
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from #vtt,