Correct Mr Parrot,
San Bartolome in Bolivia and the Kensington gold mine in Alaska, have no value ATM and the current price of CDE reflects this, both mines not coming online is already factored into the current CDE price.
But.... if one of them comes good? watchout CDE will rebound back to 12 month highs $8 range.
In the mean time BSG holders have just gained entry onto the New York Stock exchange, and in theory for par value to a company that is already producing Gold and Silver.
BSG holders also need to be aware how expensive it is to bring a mine into production.... We now have 800 CDE staff at our disposal not to mention equipment.( do they know what this would of cost BSG to have all the people needed on staff?.. the CDE people are already there!.. so both companies staffing costs just halved)
Short sighted posting with knee jerk, ill informed opinions is a fact of life on HC because of the trading habits of punters and gamblers....
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Correct Mr Parrot,San Bartolome in Bolivia and the Kensington...
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