Golden Arrow Resources Corp. (GARWF)

[geodan]

Silver way up today bot GARWF at .3591 a minute ago. The permits will come JMHO.

[geodan]

Bot more Mason at .52 GRG today. Cheers

[Mason07]

Agreed !!!

[geodan]

maybe best miner value today,GARWF,Presentation

Have loaded up, here is their new presentation

https://goldenarrowresources.com/assets/docs/presentations/2017-09-20-grg-cp.pdf

[ComstockRoyalty]

Perfect Timing https://www.streetwisereports.com/pub/na/17613

@ComstockRoyalty

[bepo]

thanks...I got some info and I'm not alone.....hopefully resolved tomorrow

[joeeasy]

Google Stockhouse, enter GARWF,Click Bullboards for more discussions & information.

[RonGA58]

My shares have been halted on Scottrade so guess we should be getting news. Hope it is good!

[RonGA58]

Just checked my Scottrade account and my shares are also halted. I went to the Golden Arrow Resources website for news but nothing since a press release on May 31. I hope the reason is a buyout today but we shall see. I don't have much experience with shares being halted so perhaps another poster can give examples from the past as to why. Sure hope it is GOOD news!

[RonGA58]

Don't know but will check my account later.

[bepo]

Why I Bought:

Golden Arrow Resources (GARWF: OTCBB)
 Maintain Buy up to: $0.85

 
Last week, management announced that Golden Arrow has completed a small mountain of paperwork with Silver Standard Resources and formed a joint venture called Puna Operations Inc. The new entity combines the Chinchillas project, owned by Golden Arrow, with the producing Pirquitas operation, owned by Silver Standard. The joint venture is owned on a 75%/25% basis by Silver Standard and Golden Arrow, respectively. Silver Standard will be the operator, and both companies are pushing development.
Looking ahead, and subject to permitting, construction at Chinchillas is anticipated to begin during the third quarter of 2017, with ore delivery to the Pirquitas mill expected in the second half of 2018. This kind of move to production is blazing-fast in the mining business. 
Golden Arrow’s share price is down from our entry point, but I believe that we’ll begin to see a major turnaround, as gold-silver prices move upward as Jim forecasts. 
Golden Arrow offers significant upside in a rising environment for gold-silver. Maintain buy on GARWF up to $0.85 per share.

[bepo]

I have Scottrade and my stocks been halted/ not tradable..any thoughts?

[RonGA58]

Thanks for your note. I am already a hard assets guy holding real things versus paper assets. Miners and cryptocurrencies are good for trading in small amounts to buy more hard assets. Something BAD is coming!

[RonGA58]

Thanks for your thoughts and the Keiser Report but I still like a small bit of assets in cryptocurrencies. I prefer of course hard assets plus some of the mining shares like GARWF.

[RonGA58]

Thanks for the note on the explorer turned producer. I will check it out. I do like having more small positions in the small caps with huge upside potential, especially since miners got very cheap since 2011. It's been an interesting week with two cryptocurrencies having a gold backing, ZenGold and One Gram. I saw that England will be opening up lots of ATM machines selling gold over the next few years. More and more people are seeing the importance of gold and silver versus the debt based fiat currencies. There is a massive wave of change and great opportunities to profit.

[RonGA58]

I agree 100%. I just bought in as well. Looking forward to the next big move up for gold and silver. Just read on ZeroHedge that Russia and Iran are making a deal without the PetroDollar.

[kwisatzhaderach]

I'm looking at 6 months, 1 year chart this seems like a good entry point to me.

[Dhsholl]

You still feel good about this stock?

[douginil]

So I thought when I got in a few months ago. I figured that when the JV was finally announced the price would pop. Well maybe a tinsy little bit for a day or so but nowhere near what I need to get green. Now it resumes its slide down.

[joeeasy]

Great company/real assets. I'm in big with both feet On 4/10/17 Golden Arrow got in bed with one of the worlds biggest silver producers,Silver Standard.I think they have a very real potential for short and long term profits.It's company that's well known in the mining community and,IMO, ready to fly. Check out their website.

[geodan]

I bot more on drop. Golden Panda has put up good article on SeekingAlpha recently that explains they need no money to do mine, what they have and will get from SSRI mine is enough.

[Buckfeaver]

http://www.marketwired.com/press-release/golden-arrow-to-host-investor-update-conference-call-and-webcast-2208850.htm

[Buckfeaver]

http://silverseek.com/article/golden-arrow-chairman%E2%80%99s-message-shareholders-recent-positive-developments-16481

[baklava]

A Report from GRG IR

The statements below are from GRG IR, Shawn Perger, today:


This a response from me to Byron King a newsletter writer that has buy recommendation on GRG to$1.14 Can, he was asking why the share price is lagging.

Byron and team,
the SSO presentation was a fantastic report on Chinchillas and to be honest with you I am perplexed as to why GRG is not getting the love it deserves in the market, we have been spreading the word but obviously not well enough.

The only reason for the lack of enthusiasm can be is, we are not relaying the attributes of the story well enough.
People are not getting it, they are confused.
I know this because of the hundreds of a calls I have been receiving.
We have issues with our communication that need to be address and we are on it.
So we are going to work to see that GRG gets a proper market valuation.

As you can see from the people CC’d we are putting team together to get the story out wide and far.

We have other marketing groups starting up and we will see many write ups, print media and web exposure.
We have hired Virial Networks to manage our social media, Google ads and lead gen.

A week long NYC trip is in the works finalizing dates and GRG will have back to back meetings and group presentations.
We have O and M partners, Tectonic and Tom Dean and our extensive list of contacts setting up luncheons, funds for meetings and group presentations.

We are planning to have a webcast next Wednesday at 10 PST will send you the details Monday
We have Christopher Ecclestone writing a piece.
Extensive marketing campaign on BTV and BNN the Canadian Business television.
Ads on Air Canada.
Toronto road show working on dates.

Big proven electronic marketing plan in place for when the expected closing date in early May is finalized, that will help the share price.

We are developing a FAQ page for the website.
I will be contacting analysts to see if they will pick us up.

We will have steady news flow beginning soon.

The Metals and Money Show in Vegas May 15 to 18 we are presenting and exhibiting
Vancouver Cambridge metals conference exhibiting and presenting in May 28 and 29
Sprott Conference exhibiting and presenting in July
Silver Summit in the fall exhibiting and presenting
New Orleans conference exhibiting and presenting in the Fall

Team any more suggestions please let me know.

This will do the job.
Thank for you work and support Byron.
Shawn

[baklava]

Interview with GRG VP Brian McEwen:

http://resourcestockdigest.com/archives/index.php?content_id=4913

[baklava]

Minutes 11-14 cover the Chinchillas project:

http://www.europeangoldforum.org/EGF17/company-webcast/SSRI:US/

In the last 1 min of the presentation / interview, SSRI CEO briefly talks about his experience in dealing with the government in Argentina.

[Buckfeaver]

I suppose I can go along with that hearsay. We have enough money for this mine but if we want other mines, we will need to probably raise some money. Takes money to make money. So lets hope those other mines pan out like this one did.

[Jreinhold]

Here was a user submission on a seeking alpha article regarding him sending an email to golden arrow directly.


"I sent IR an email asking about whether they need to raise more funds and also about the local goverments commitment to providing infrastructure around the mine site. This is their response:

Brett,
Great time to become a shareholder of GRG.
We are just getting started and look forward to the coming years as we build Golden Arrow in a producing mining company.
We have $8.4 million Canadian in cash on hand and will be receiving $15 million UDS from Silver Standard.
We have many other properties that we would like to advance and potential acquisitions.
So yes in the future we will want to raise money.
Once we close the deal with SSO which is targeted for the 15th of May there is an estimated $81 million of Capex infrastructure to be developed you can find the break down in the most recent press release.
Golden Arrow is responsible for 10% of the Capex in the first year up to $10 million and then 25% after that.
There will be some infrastructure build (roads) out and yes the government has been very good to deal with.
It is a very simple plan and we believe it will be smooth path.
I have attached a report that is now out of date but it is still worth reading"


Found here
https://seekingalpha.com/article/4059395-golden-arrow-will-silver-standard-exercise-jv-option-today?v=1491516279&comments=show

in the comments section.

[baklava]

And here is another one:
http://www.baystreet.ca/articles/stockstowatch.aspx?id=1726

[geodan]

thanks, good article

[geodan]

here is an article on silverseek explaining deal http://silverseek.com/commentary/it%E2%80%99s-deal-golden-arrow-and-silver-standard-form-2575-jv-%E2%80%93-fast-track-silver-production-16

[Mason07]

National inflation association gives GARWF a $ 3.78 share price target.......http://inflation.us/grg-will-own-largest-silver-mine-in-argentina/

[geodan]

Its a long term gainer, very happy to hold the stock. This is a low risk deal for Arrow, and silver is breaking out. BTW a good article on gold breaking out is here https://seekingalpha.com/article/4058385-gold-zooming?v=1491235980&comments=show

SSRI did better today that Arrow, opposite of yesterday. Rare when both parties get nice gains from a deal, but that is what has happened, a good omen.

Cheers

[Buckfeaver]

If we can get past .65 I think .80 is within our grasp.

[geodan]

I am ahead about 40% now, and took majority of position in last 4 months. Think the future is bright here.

[fireballka7]

ya it was great holding for 10 months for a loss. really happy. I sold today. Im done..... glta. Im in USR? and MME? now. those have been very very good to me.

[Buckfeaver]

Congratulations to all of you who stayed.

[geodan]

.95 Bid GRG.v, they can not open it yet

[geodan]

This is absolutely huge for Arrow,in1Yr they will be producing at the mine with SSRI picking up the costs, this will be very high profit deal for GRG.v

[geodan]

March 31 (Reuters) - Silver Standard Resources Inc(SSRI)
* Silver Standard exercises option to form joint venture with Golden Arrow for Chinchillas project
* Anticipate construction at Chinchillas to begin during Q3 of 2017
* Anticipate ore delivery to Pirquitas mill expected in second half of 2018
* Joint venture will be comprised of Silver Standard's Pirquitas property and Golden Arrow's Chinchillas property Source text for Eikon: Further company coverage:

[geodan]

Deal is done: VANCOUVER , March 31, 2017 /PRNewswire/ - Silver Standard Resources Inc. ("Silver Standard") announces it has entered into the tax moratorium system in Argentina to resolve the dispute regarding the application of export duties on its Pirquitas mine. Under the conditions of the moratorium, which converts the tax liability to Argentine pesos ("ARS"), Pirquitas has agreed to pay approximately ARS 1 billion with 5% paid upon entry and the balance in equal installments over 60 months. Outstanding ARS amounts are subject to interest at a rate of 1.5% per month. Upon completion of these payments all liabilities related to historical export duties and interest will be extinguished.

Paul Benson , President and CEO of Silver Standard said, "Resolving the outstanding export duty dispute with the Argentine tax authorities provides us with the certainty required to exercise our option on the Chinchillas project. We are now moving forward to focus on making Chinchillas a successful mine development that extends the life of our Pirquitas operation well into the next decade and enables us to evaluate the viability of an underground operation at Pirquitas."
Pirquitas entered into a fiscal stability agreement with the Federal Government of Argentina in 1998 for production from the mine. In December 2007, the National Customs Authority of Argentina (Dirección Nacional de Aduanas) ("Customs") levied an export duty of approximately 10% from concentrate for projects with fiscal stability agreements pre-dating 2002 and Customs asserted that the Pirquitas mine was subject to this duty. We challenged the legality of the export duty applied to silver concentrate, thereby accruing a provision for the export duty on silver concentrate of $67.1 million as of December 31, 2016. The entry into the moratorium resolves this long-standing dispute. The Argentine government removed export duties on mineral concentrates in February 2016.

Yippy yi A, the market was right.

[Buckfeaver]

Scottrade put a hold on GARWF and SSRI?

[geodan]

GRG.v was .80 just before halt, good news is coming unless false leak

[geodan]

Silver Standard Resources Inc. (SSRI) Halted due to pending news
DOW JONES & COMPANY, INC. 10:38 AM ET 3/31/2017

(END) Dow Jones Newswires
03-31-171338ET
Copyright (c) 2017 Dow Jones & Company, Inc.

[fireballka7]

it makes sense for them to do so. I agree.

[geodan]

Prices indicates the deal goes thru,leak. SSRI is about even and Arrow is way up, the norm is for acquired stock to go up and buyer down.

This could be for the deal OR it could be SSRI is buying Arrow, such a deal is complicated and can also explain the delay.

Will not be surprised if SSRI buys Arrow here.

[Buckfeaver]

Lets just hope the market keeps that enthusiasm after today.

[geodan]

The market thinks so up 9% this morn

[Buckfeaver]

Thats a positive sign for sure.

[fireballka7]

dam good sign for sure.....