CRB 0.00% 0.4¢ carbine resources limited

Prince, nice seeing your posts over the last couple of years...a...

  1. 105 Posts.
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    Prince, nice seeing your posts over the last couple of years...a pragmatic perspective was always valued on this end. I still hold out hope the opex can be lowered and the byproducts reestablished in the hands of someone else. Additionally, once the cred of the lower aisc is reestablished the option value (currently at zero) will re-emerge and be reflected in the sp. But only route to that is a fresh look and new management, working to align interests of all stakeholders...not against them. This simplistic logic of a small piece of something is better than a large peace of nothing lacks the consideration of everyone's point of view in this. The option value is always there for RB and Norton, who can hold out for as long as required to get their terms. The gold in the ground will not erode in value, the discount rate is low on the gold stream and their holding costs are minuscule. TJ should know this. His position however is he is burning through cash and is wasting our opportunity cost.
 
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