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Gold/Mining/Energy : Chesapeake Gold
CKG.V 2.700+15.9%Nov 28 9:30 AM EST
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To: klinker who wrote (8433)7/20/2020 9:27:56 PM
From: stuffbug   of 9054
 
The issue with a mid-tier miner buying Gunpoint today is that the acquisition would be a paper transaction (i.e. high priced shares). Still think a Gunpoint deal will occur this year - Q3 / early Q4. If the "right" deal is made, Gunpoint opens over $1 immediately following the announcement and trades above $2 within 2 months.

Over the past few months, I think the only sales were from margin clerks and estate / account liquidations.
No one who knows the value of the Talapoosa project is selling their GUN shares at 65 cents.
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