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tsoprano?
Now Ace don't tell me you're a singer. And a soprano at that!
On a happier note, are you holding any CRCUF? What's your take on management?
Yes, I think the old API gang is gone and yes, it's good to see you here as well.
Okay, thanks.
He owes me three then.
Share value in US$ is $7,515,336 today so far.
Was the 10+ million priced in Canadian?
Anyway Catlin doesn't answer email as he stated either.
Doesn't spell well with his credibility.
I guess time will tell.
That's why I think it was a crappy deal.
Not sure the deal was truly arms length.
Should have been cash or maybe shouldn't have happened at all. It was a pretty good prospect and gave Canarc credibility. I haven't been here that long, but from what I gather that's been the history of this company. Not able to put deals together.
"the lower EXK share price goes, the less Canarc makes, right?"
Endeavour issued 2,147,239 common shares to Canarc. That's what Canarc "made" on the sale.
The shares are now with Canarc and, indeed, will fluctuate with the market. Let's all hope the shares will be used in another acquisition soon rather than on company "expenses".
Heavy on the "soon".
" Management plans to minimize treasury risk and maximize treasury value by monetizing Endeavour shares from time to time as dictated by market conditions."
Let's watch and hope this windfall goes for the right thing and not for salaries, etc.
Only time will tell.
"Down and down it goes. Where she stops, nobody knows!"
Hopefully $0.04 where I have a buy in for lots more.
At some point...
Hopefully.
jmat
Thanks, Gain.
jmat
So what is this supposed to mean? None of the links work.
It works. It's the Canarc insider page. Scroll down and insider buys are listed.
In Google type "Canarc Canadian insider buys".
jmat
Canadian insider buys list.
http://tinyurl.com/j33t5jl
This was what was posted re Polaris:
New Polaris Mine
–
British Columbia
Agreement has not been reached between PanTerra Gold (British Columbia) Limited (“PGBC”) and Vancouver - based Canarc Resource Corp (“Canarc”) with respect to PGBC’s request for a delay to the date by which PGBC must decide to proceed with Stage 2 of its Joint Venture and Earn-In Agreement (the “Agreement”) with Canarc. The request was based on the delayed approval process for the importation and processing of New Polaris arsenopyrite concentrate in the Dominican Republic and the uncertainty associated with any approval process.
Canarc has not responded positively to this request and in PGBC’s opinion has also contravened sections of the Agreement which has had the effect of delaying metallurgical test work on the New Polaris concentrate.
PGBC has notified Canarc of an event of force majeure in accordance with the terms of the Agreement, and will seek to protect its interests if the various issues, including accommodation of delays by authorities, cannot be resolved by the parties.PGBC has lodged a formal Notice of Dispute with Canarc which will result in independent Mediation followed ,if necessary by litigation on the matters disputed by PGBC.
The development of the New Polaris mine remains an objective of PGBC and a cornerstone of the Company’s aim to control the production of
at least a reasonable proportion of concentrate feed to be supplied to the Las Lagunas plant in the future.
I have no idea how good management is. I think it all remains to be seen. Let's see what they do with the EXK money, then make our pronouncements.
I'm certainly not wishing us ill on this investment as I've seriously added during this reaction to the sale in Mexico.
I have some doubts regarding Caitlin and the email issue.
I think I've said enough about that and hopefully it has no bearing on future company events.
Good luck to all of us.
I'd keep a small position and pray.
I'm hoping the EXK cash isn't frittered away on salaries instead of finding and funding a decent mining property.
Let's see how long it takes before we hear any news from management.
"you have to trust management"
Hate beating a dead dog, but with the CEO not living up to his promises of responding to any and all emails, I'm starting to doubt whether this management is totally trustworthy.
I've added shares here, so not dissing the company, but a promise is a promise and Catilin was less than honest in the CC.
Anyway, that's the last I'll post regarding this.
Upwards on onwards.
I'm probably nuts, but I've used this crash to add to my holding.
Still waiting for Cstalin's email response.
The email was requesting a link to yesterday's call.
No response.
"These guys are way out ahead of the rest of us, in terms of aggressive, growth-oriented thinking."
Well, maybe so, but Catalin wasn't telling the truth regarding answering all emails sent by investors. He never returned one I sent over a year ago and so far hasn't answered the one I sent yesterday.
C'mon Catalin, your slip is showing.
"I took the opportunity to buy more"
I did too, even though I was left wanting after the CC. Doesn't look as if there's any concrete plan so far. As far as EXK stock is concerned we really haven't received anything until stock is sold.
More will be revealed.
"i don't believe we will have the cash until closing late June."
The way it reads to me it's EXK stock we're receiving, not cash. To raise the cash, we would need to sell the shares.
Correct?
Whether this is a positive remains to be seen IMO.
Didn't get it. I'll be back next week.
Hopefully I can grab more before any positive news.
I do believe news will be positive, but as you say, if not, they'll be mining the property at some point anyway.
Brad Cooke is a winner and he and the company will find a way.
"Either way this company will start producing this year."
Agreed. Everything seems to be in place EXCEPT the financing.
Price lift in gold ain't hurting either.
Have order in at $.07.
Hopefully.
I've got bid in for more at $0.07.
Hopefully.
Anybody aware of the Windfall Hills gold property?
CRCUF had positive asset results in October 2014.
Are they still involved?
"I'm also still too overweight on various PM miners"
Do them various PM's have symbols?
jmat
I thought it was scheduled for 9/21.
jmat
R/S 1 for 10.
Issuance of 200,000,000 shares.
Don't like it, but this will provide dry powder for future acquisitions.
I think these guys will be building a viable company.
jmat
Yes, I don't doubt a reverse split is in the cards at some point, but do we have solid evidence from the company that this is fact?
jmat
Why the drop in price since earnings?
I thought Q3 was positive compared to Q2.
jmat
I think maybe the smart thing to do is to keep adding in the $.02's.
I've got my money relying on Brad Cooke.
On a lessor note, is this site always so slow?
jmat
"good things going on behind the scenes."
Enumerate.
jmat