GGY glengarry resources limited

buddy,I have 4 concerns with what you have been saying:1. Any...

  1. 425 Posts.
    buddy,

    I have 4 concerns with what you have been saying:

    1. Any shareholder of KZL is also a shareholder of GGY, we just don’t vote, we pay the management of KZL their salaries to vote for us.

    2. As far as KZL's Copper inventories go, they currently have 250,000+ tonnes of copper, which is far from close to running out.

    3. You said that KZL needed the Maitland deposit to meet contract requirement but KZL only hedges a very small % of its copper production so these contracts you speak of do not exist.

    4. IMHO, The reason that KZL want Maitland is so they can increase (not maintain) their copper ore throughput at Thalanga because even tho they have sufficient reserves, they may wish to diversify the mines that the throughput on the plant comes from to reduce risk.

    I suggest that you retract your statements regarding concerns 2 and 3 or you will be reported to hotcopper admin for falsifying publically available information.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.