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$1.08 cardinal resources limited

I think ur speculating a bit there saying the two BF mines of...

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Cashmeoutside

3,041 Posts.

1813

15/01/20

12:28

Post #: 42390184
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Originally posted by 2ic ↑

Good I hope. I called it because the feeling that major miners do not want to be in Burkina Faso is palpable from what I read and people I talk to. Those two Endeavour mines in BF were the deal breaker for sure.

Problem may be that after the board used a "don;t want to take on that sort of West African risk" defence they now feel cornered into not moving into northern Ghana so close to the BF border, where troubles have moved into the south east. No that anything in Ghana should be tarred with the BF brush but the geographical proximity of Namdini might just make it too uncomfortable for the board. Hope they are not put off, ultimately multiple interested parties are required to develop competitive tension and deliver the best price for CDV.

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I think ur speculating a bit there saying the two BF mines of Endeavours was “the deal breaker for sure”. Mostly from what I’ve read the issue was one of valuation.

CDV Price at posting: 36.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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