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Re: checkmate28 post# 32440

Friday, 06/17/2016 9:16:01 AM

Friday, June 17, 2016 9:16:01 AM

Post# of 35716
GORO I mentioned a couple times about them POSSIBLY making a run at CANAMEX. Looked up the Canamex insider report and noticed GORO has been dumping their CSQ shares by the millions. My first thoughts were, are they bought the CSQ position to get a foot in Nevada so the company could have 2 jurisdictions and a mine in the Reeds back yard. Since than, they have had such success with Gold Mesa in Nevada they decided to take the CSQ money and spend it developing future growth for the current projects.

Going to spend some time looking into weather this is presenting an opportunity to get CSQ on the cheap for a trade when GORO is done or is there simply no value there?

When HOC sold their GORO position over time, it presented a nice opportunity to get the shares cheep. Only problem was gold was crashing the entire sector.


https://www.canadianinsider.com/company?menu_tickersearch=CSQ%20%7C%20Canamex%20Resources

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