Nothing is easy.
When it looks easy it's going to get very hard, and then just when it seems the hardest, it gets easy.....
I think we are on to closing a deal!
Post award , the JV and it's eventual return could be hard to fit on a calculator!!!
I am an optimist and jaded at the same time. Interestingly, I still think , especially now till the deal announcement the shares are cheap and in fact there is some virtue in adding right here.
Perhaps we are almost there. Good luck all you all ( that is plural for y'all).Till that day.....
Where does all your visibility come from? The 2.5 billion settlement with BoA, where do you think that will put the price of shares in AMBC? Why/how does the merger of equals come about? Your reply would be very much appreciated....
You are in the right range with about $6 bucks. The real value of the shares going forward is the JV. With the lowest all in cash costs of any mine in the world GRZ shares could SKY!
I am hoping that we will receive the award cash in the form of a one time dividend payment, so that we will be able to continue to hold all our shares for the real ride...
Trout agree with this post loose lips looked like they were pushing the price two days ago at the close. It seems like we could get a deal anytime now. I wonder who is foolish enough to be selling right here???
Wait a minute ! when I was 15 I worked as a UPI press runner for all four games at Fenway in 67', actually got to know Roger Maris pretty well . He got drunk very quick after game 7, he drank at least two full bottles of MUMM'S FRENCH CHAMPAIGN in about ten minutes. He cut his hand on the third bottle and I got him some paper towels. In a lot of ways GRZ has a chance of becoming "The Impossible Dream" of the global mining industry, with the right JV we are going to need a telescope to witness one of the true moon shots of mining!!!
Like a ton of bricks you go Investec ! GRZ it is still one of the best gold specs in the world at current pricing .....Because of the upside that both mines will contribute to the JV. GRZ et al will have the lowest all cash and sustaining cost structures of any mine in the W O R L D !!!
Please subscribe to THE DINES LETTER if you want to follow the opportunity. I have been a loyal subscriber for the past 12 years and it has made a big difference in my investing success...
All that gold is going to be used to obtain lines of credit for the development of the JV!!!
At 2:06 EST PM a very well respected newsletter writer made a buy reco on AERO. This particular person can move markets especially small micro cap shares. I was lucky enough to have bought right away before his followers started in with their purchases.....I have made a killing with this letter over the past 15 years.
Spoke with DB and he confirmed that we will have the award distributed to shareholders, then the JV will be owned by current shareholders.
The Brisas deposit will be the most profitable in the world, with the potential of 40 million ounces. The leverage of a rising gold price could be spectacularly accretive for the JV. Perhaps the new JV will need some cash that is required to restart" the project". With the potential to have all in capital and sustaining costs at or below $200 per oz. where the rest of the top miners in the world struggle with over $875 per oz costs. We can afford a bit of dilution , especially if the investor is a major.
Patience is a key virtue with owning this asset...
Securing the proper funding will rocket the shares much higher from here. With all in cash and sustaining capital costs well below $200 per ounce we have probably one of the best deposits in the world. If copper can get above 2.50 LBS. the project costs can get very close to Zero. The profit margins that the proposed JV will have should be VERY BANKABLE. Yes yes it is in VZ. but with the right set of "rules of law" and legal agreements, a deal can and should get done soon. The people of VZ need urgently to exploit the GRZ et al project. I imagine an almost military state should and will be established at the project to make sure it proceeds as quick as possible. Our best set is to be paid in full for the award and have that be distributed to shareholders, then have the JV be set up with HUGE protections put in place that will expedite the production of the badly needed gold /mineral flow...DB and others at GRZ will be courting VZ officials at PDAC over the next few days. Hopefully a deal structure will emerge and be made known soon... GRZ is ready for stage two of it's M O O N S H O T !