TSX Venture Exchange and Gold
A Fed rate hike is likely on the way this coming Wednesday, June 14. If the last 18 months are any indication, an interest rate increase is the perfect cure for what ails the Venture at the moment!
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pretty harsh words about ggi on s/h
Comment by brian — June 10, 2017 @ 6:36 pm
Rather funny, actually, Brian, though amateurish at the same time…the usual culprits in the swamp on SH who live in their parents’ basement suites and don’t know that they don’t know. But let them babble on as their words will be useful later. Experienced, highly successful traders and investors know that the only time to ever be concerned about SH comments is when everyone in the swamp there is super bullish – that’s the signal to sell and run the other way. Proven strategy – every time. It’ll apply to GGI as well at some point during the 2nd half of the year.
Let’s see…the highest grade Nickel and Copper values, over impressive drill intercepts, to ever come out of one of the richest mineralized districts in the entire world came from the E&L…a Copper concentrate of 26%…the only Nickel sulphide system ever found so far in this region, and we now know that so much was overlooked…I love my chances. First holes are going right into the heart of the known deposit and then the full really begins.
Comment by Jon - BMR — June 10, 2017 @ 8:40 pm
http://www.northernminer.com/news/castle-silver-resources-markets-cobalt-potential-asia/1003787103/amp/
Good article about CSR
Comment by Sylvain — June 10, 2017 @ 9:52 pm
So much more to come from CSR, including some fascinating video from underground in our Sunday Sizzler that should send a clear message!
Comment by Jon - BMR — June 10, 2017 @ 10:03 pm
Interview Frank Basa (CSR) on InvestmentPitch Media with David Morgan:
https://www.youtube.com/watch?v=_moX1z1f5u4
Comment by Arjan — June 11, 2017 @ 5:24 am
Hi Jon . Is there a timeline estimate for the analysis of the first bulk sample and the re ox2 ?
Comment by donald — June 11, 2017 @ 5:29 am
I haven’t seen a timeline from CSR on that, Donald; a few steps involved but I suspect we’ll be hearing quite a bit related to the making of the Cobalt powders during Q3.
Some rock samples from underground were recently sent to lab for grade analysis. Results on that this month would be nice. The veins look very good and well mineralized. Lots of moving parts and drilling starts soon.
Dave mentioned a few days ago someone posted a list of Cobalt stocks at ceo and CSR wasn’t even mentioned. Shows you how foolish some investors can be. No company is further along on the Cobalt front in northern Ontario than CSR.
Comment by Jon - BMR — June 11, 2017 @ 5:42 am
The poster on SH calenderj who is very negative towards GGI used to post on here as Jim niles
He became very negative on GGI/Regoci and for good reason as so far Regoci has not created share holder value as promised, hopefully that changes very soon
He does bring up some good points though re garding insiders and why haven’t they stepped up ? Need promotion too!
Look at CSR they are showing up all over the place with articles and interviews
Jon can you mention that to Regoci promote promote !
Comment by GREGH — June 11, 2017 @ 9:21 am
Gregh, the value that has been added to the E&L – smartly picked up by Regoci for very little at the bottom of the market last year – is incredible, if you look at what has been learned about the deposit, its potential, and the experts who have been drawn into it over the last 10 months. Has that been fully reflected in the market yet? Obviously not (certainly due in part to overall market conditions), but it will. The key right now is that great geological value has been created in this project. During that process, though, from when the first hard news came out on the E&L October 14, GGI has more than doubled in market value (one of the top 2 stocks in the Camp since then!).
Unlike many in the industry, Regoci didn’t succumb to doing a dirt cheap, dilutive financing at a nickel. He promoted and got the word out and that enabled a financing at 14 cents (hard) and 18 cents (flow-through) to take things to the next level. There’s ZERO free trading paper to get in the way of this stock over the summer. There has been an end game in mind from the start. So GGI has been perfectly positioned and the ground forces are ready to move in at Nickel Mountain. Best Nickel sulphide prospect in the country which also features the highest Copper grades ever found in this district, one of the most prolific in the entire world. On top of that, GGI has assembled a 200 sq. km package in the heart of this Camp. Regoci could have stayed in the Sheslay district like DBV but he wisely headed south to the Eskay Camp to create and build new value. Having said that, I’m not happy that he hasn’t moved the ball fwd in Mexico and rest assured he’s getting the message on that – loud and clear. So expect some movement there soon.
There’s a time for everything, and that applies to GGI and a host of other stocks. You can look at the glass half empty and whine and complain that BCK, for example, is trading at just 30 cents for a market cap of $6 million when it has such an impressive historic Zinc-Pb-Ag resource and a 1.75 oz/ton Gold resource at the Enginner mine. But the end game is just starting with BCK, just like it’s close to ramping up for GGI at the E&L. If you’re not patient and discerning in the junior resource market, you’ll never hit it big. The greatest promoters will be the first to tell u that.
Your comparison with CSR on the promotion side is comparing apples and oranges, by the way. CSR is on the ground (underground, in fact), sampling and about to drill. They have lots to show. They’re at a different stage at this precise moment compared to GGI in terms of property work. GGI’s turn will come in that regard, just like with everyone else in the Eskay Camp once the field season begins later this month.
Comment by Jon - BMR — June 11, 2017 @ 10:26 am
Jon,
Do you think it is possible CSR gets eassy a finance to build a mill to be both used by CSR and GGM? Your thoughts? Have a good evening.
Regards from Holland,
Arjan
Comment by Arjan — June 11, 2017 @ 11:24 am
Arjan, there’s a sound argument IMHO for a processing facility at Castle which can handle feeds from the Castle mine and throughout the Cobalt district and across the border at Granada. Obviously, a study will have to confirm this but when you look at what’s all around, to me it’s a very viable direction. Financiers will support strong rationale.
Comment by Jon - BMR — June 11, 2017 @ 11:59 am
Jon
With all due respect to you and BMR and all hour great research you bring go hour readers you have to admit Regoci is not a promoter never has promoted his company no matter where they are drilling , my concern is what is going to make him change now? The entire time I have owned GGI it has traded from about 7 cents to 20 cents, my average is about 11 cents, so when I talk about shareholder value I like most investors am talking about the share price as that is what we have to gauge a company by. It doesn’t matter how many great deals Regoci has bought or found on properties if those properties don’t get promoted and prove up deposits. So until GGI proves up a deposit and the share price reflects that deposit in my opinion there is no share holder value
Thanks for letting my posts be heard…
Comment by GREGH — June 11, 2017 @ 2:22 pm
Greg, I see things a little differently given certain facts. Also, promotion is critical, I agree. But the timing of it is even more important to have the desired effect.
First off, beginning around June 2013 in the midst of a bear market, Regoci started to promote big-time and turned GGI into one of the Venture’s best performing stocks with a 7-fold gain (4.5 cents to 32 cents) over the next 12 months. Thanks to that, he was able to complete a significant non-dilutive financing at 20 cents in December 2014 when the overall market was in a severe tailspin. That took promotion, Greg, but it was also underpinned by very good results from Mexico and encouraging developments at the Grizzly and the Sheslay district.
Second, according to some, Regoci promoted too hard from the summer of 2015 to the end of 2015 – also in bad markets and in the midst of a Tahltan fuss in the Sheslay district – when GGI took off on drilling at the Grizzly (drilling that few expected). Stock more than tripled in a few months and again Regoci pulled the trigger on a non-dilutive financing. That took some significant promotion, but the stock backed off in 2016 on what the market viewed as disappointing results from the Grizzly and lack of action in Mexico.
Third, GGI was one of the best-performing junior stocks in the 4th quarter of 2016 when it again ran from a nickel to almost 20 cents on developments at the E&L. Excellent news from the E&L but that also required some good promotion as the Venture struggled in the last part of the year. Since then, GGI has based nicely around 14 to 15 cents which is highly significant.
Fourth (and coming up) – most robust move yet, underpinned by events on the ground at the E&L, where GGI importantly has the goods, plus maybe a couple new surprises. Rest assured, I certainly expect Regoci to promote GGI harder than ever. It’s time for this stock and this company, over the summer and into the fall, to finally break out in a very powerful and sustained way.
Believe it or not, unlike most CEO’s on the Venture, Regoci appreciates the importance of promotion and branding. What he needs to do is pick up the pace on the ground – that’s separate from promotion but makes promotion easier – and that’s what he’s very close to being able to do.
Comment by Jon - BMR — June 11, 2017 @ 2:35 pm
Jon
Most of the promotion ever done on GGI is by you and BMR and GGI has benefitted from that promotion. Maybe Regoci at the right time which in my opinion is right before they start drilling will actually get out and talk up the company and maybe even buy some stock
Create a buzz during drilling … Like Equitas did … That is promotion
Comment by GREGH — June 11, 2017 @ 2:51 pm
Greg, again, I’ll put some facts on the table: Well under half of Venture companies actually employ official IR which GGI has done thru MarketSmart for 4 years running now, plus they’ve engaged other services; we’ve certainly made a contribution in terms of awareness but one of our important criteria is that a company is active on the IR and promotion side and GGI has met that criteria. They have the IR infrastructure to do some amazing things when fully rolled out. They’ve been very blessed to have our support but that’s only because I see something highly unusual in this company in terms mainly of its property portfolio and share structure which combine to give GGI the potential to deliver a market cap in the hundreds of millions of dollars.
In many ways, Equitas is a horrible example, Greg. It wasn’t a pump-and-dump but they had to promote like crazy just to complete cheap, dilutive financings (albeit markets weren’t good at the time) in order to drill, which came back to bite them hard, followed by a rollback and a name change! So one needs to be exceptionally careful in terms of how these things are handled.
I’m confident Regoci has an end game in mind that will deliver lasting shareholder value, through proper timing and execution of all matters on the ground and in the market this summer and fall.
Comment by Jon - BMR — June 11, 2017 @ 4:36 pm
Cxo ceo at the North camp all hands on deck!?????
Comment by Greg — June 11, 2017 @ 5:52 pm
Have a read of the strategy under investors on the GGI homepage, fairly recent. Very few juniors have what they have in projects, plus income! They’ll be just fine.
Comment by Laddy — June 11, 2017 @ 6:30 pm
Okay Jon
I’ll keep being patient, would be nice to get some interviews with Regoci et al on site at the E&L…
Comment by GREGH — June 11, 2017 @ 7:25 pm
The detailed VTEM should be very close to being released as well. Will we see something at the Q anomaly? That would really wake up GGI.
Comment by Dan1 — June 11, 2017 @ 7:42 pm
Dan1
I think you are right about the Q anomaly, that could be what finally gets people excited about GGI..
Comment by greg — June 11, 2017 @ 10:40 pm
BCK must be a screaming buy here? 27 offer?
Comment by STEVEN1 — June 12, 2017 @ 6:51 am
Do the math on the Yukon Zinc-Pb-Ag resource, Steven1, not to mention the Enginner Gold mine in northern B.C. Strong players are accumulating any supply.
Comment by Jon - BMR — June 12, 2017 @ 8:32 am