Lots in this post Tom, and we're on the way out to dinner ... definitely it is wise to question one's own judgment, not many of us do so near enough
On point 2 - yeah, no sign of great euro buying, is there ... not much volume in ggc at all since march ... didn't know he was going again, thanks
- on 3 - that whole 'accounting problem' was bullshit, legalistic technicalities, there was nothing deceptive about the previous way, made perfect sense to me ... it's cash flow that counts, what the hell does it matter what little category you put it in once you've got it ... the whole point is that they're self-financing and not vulnerable to dilution unless they come across a worthwhile reason to finance something accretive [which Liller might do, and he might not, who knows]
- on 5 - going for a lower grade likely makes better sense of the whole mine plan than creaming off the high-grade would, silver is a pretty decent price this quarter, so they get good cash flow out of it anyway ... that's all about engineering, but i know in forestry if you run around and take all your nice wood, pretty soon all you have is a stand of scabby little peckerpoles you can't make anything in nohow, plus meantime you've done things in an inefficient manner
- 6 - don't know what exactly was the planned time for mill upgrade? ... 'by the end of the year' is all i recall
- 7 - not getting mainstream attention lately, no ... but i expect they are working away and will attract some, hopefully by next prime-season run, Christmas to Easter
- 8 - hard to say what the RBC entity is thinking ... can't know, so i can't care ... he/she is likely the Anon as well? ... but i just shrug, i mean what can you do, it's not insiders, we know that - look at the bright side, all those shares have been sopped up just fine
Comparison to gpr.v - Great Panther chart looks so comparable and current shareprice is roughly the same, but gpr has got two and a half times the f.d. shares ... of which a whole lot is warrants and options well below the current level [muchísimo at .90 and lower] ... from memory, ggc is 34m f.d., gpr is near 90m, high 80s anyway ... could be wrong but not by much, just went over a bunch of them ... anyway the market caps are far apart, ggc is going for 40% of the price of gpr really ... and it has got no recent paper to be digested, their last pp was over a year ago [? - again, from memory], different story with gpr, and ipt too ... i'm still looking hard at both ipt and gpr, might well end up with a bit of both by Labour day, still on share structure ggc rules, imho ... also mmgg for the same reason, they're thrifty with the sharepaper .... got to go ... cheers |
