SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Copper Fox
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Theotokos who wrote (10560)1/30/2019 8:10:11 PM
From: louel1 Recommendation

Recommended By
Theotokos

  Read Replies (1) of 10654
 
Hi glad some one drops by once in a while With no visit counter a person really doesn't Know unless they make a post once in a while. and it could be a post about anything found interesting.or observations on what ever.

About GOM, I am told Wolfe probably will never return. The stroke he suffered was massive. The person told me it is very questionable just how good his recovery will be in regard to his abilities to look after himself let alone thinking about getting back to business. Implied even undergoing speech therapy.

The mine , mill and properties, still has all the former qualities it ever had. Still good value just nobody as of yet to get it operative.
Not trying to be ignorant in the following comparison but when you look at Copper Fox.itself calculated Book Value by different analysts is 17 cents per share. That is what comes up in reports on my direct access trading platform.

When I bring up Golden Dawn their B.V. is 12 cents The mill with it's permits is a valuable asset.. And there is a proven 5 year Au. LOM at $ 750 per oz production cost. and most of te property has yet to be explored.

At present Kevin Puil of RIVI capital is in the drivers seat. They had a chattel on the Lexington mine and some other I'd have to look back to see exactly what all. However Golden Dawn defaulted and from what I understand Kevin is seeking to get their money out of it.
From what I was told there are outstanding debts Some probably contractors among others.

I was told it is up for sale and that there have been a few interested parties of snooping a bit but it is
It is desired that who so ever should wishes to purchase the operation. All liabilities go with it.

Spoke to Chris Anderson Xim / GGX ( Basically sister companies) who are exploring the Gold Drop property ( with stellar drill initial drill results just up the hill from the Greenwood mill. Around 129 GPT Au

Asked if they were interested in it ? Said it had crossed their minds. but they are dedicated to developing Gold drop minable reserves first. only then the idea could be entertained.

Said if someone else purchased it first like Kinross who has optioned the Grizzly claims surrounding GOM. And has struck mineral approx 7k to the South of the mill. Then they would no doubt also be a buy
a potential buyer of the GGX claims should they prove up. I was not able to access information on other companies who may be interested.

GOM had contractors pumping out the Lexington mine in preparation for startup when Wolfe suffered the Srtoke He was onsite when it happened Hospitals are Grand Forks or Kelowna Which created a time delay in receiving immediate doctors care.

I'm afraid that is all I could dig up for now. from knowing some of the people that were around contracted to or worked at or lived in close proximity to GOM's operations
Cheers
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News