Newcastle Gold Ltd.

Operating Gold Mines - Quebec & Peru Canadian Gold Producer with significant GOLD Reserves
in response to GoldBandit's message

I have 2 solutions for you then GoldBandit:

Buy all the CMM you can now: that is what I have been doing

Hold some WTG paper (if) when they buy CMM, that way you can continue to profit from the CMM assets.

At $1.20, you will be in a minority position I believe and will be forced to tender your shares over...but this is all speculation until it happens, maybe we are arguing over something that will not even happen. However, either way for me, loading up on CMM makes sense. Either they get an offer and I make 50%+ ROI in 1 week from now or CMM is left alone and I make 100% over the next few months. Either way, I will be smiling! The difference is if they get bought out, I will then have more money to invest in my other favorite plays sooner: GNH, GAX, PHO and VTI.

Glorieux

Please login to post a reply
glorieux
City
Welland
Rank
President
Activity Points
44835
Rating
Your Rating
Date Joined
10/23/2007
Social Links
Private Message
Newcastle Gold Ltd.
Symbol
NCA
Exchange
TSX-V
Shares
155,078,807
Industry
Metals & Minerals
Create a Post