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They said their name would change if SSRI went with their current agreement. I am also unable access their web site. I didn't get a hold on my stock today. Interesting development for sure.
The survey is a foot. My opinion is... SSRI will buy the chinchillas outright from GARWF.
A wise man told me something one day. "Always pay very close attention to what a ceo or owner says and dont put too much infosys on what others say. Do your own DD and make your own conclusions." 155ml ounces plus is alot of silver. Personally I dont believe SSRI doesnt want no part of this, so my question is... does SSRI want GARWF as a partner or does SSRI want to be a partner or does SSRI want to own it all?
Dont share the same view of that article. #1. Pirquitas will make 70ml in 2017 and that is without GARWF. See Bee will make 48ml. Marigold will make 150ml. Those are for the full year 2017 according to SSRI end of year finicials. With GARWF SSRI stands to make 75% of 140ml for 9 plus years. #2 Why wouldnt you sell 2 mines that were not making alot of cash flow. My guess is SSRI just wants a better deal and they are still negotiating. But dont take my opinions, I just wanted to rebut that article.
Charts looking good for the week ahead. http://news.goldseek.com/GoldSeek/1489903380.php
SSRI reports on Pirquitas mine and GARWF Chinchillas project fourth quarter and year end 2016 results. There was no exploration activity at the Pirquitas mine during 2016 as we focused on advancing the Chinchillas project. We are undertaking the relevant engineering studies to determine the economic viability of the Chinchillas project as a satellite mine feeding the Pirquitas plant and extending the life of the operation. Our option agreement with Golden Arrow requires the notice of exercise of the option to be given by March 30, 2017. http://ir.silverstandard.com/releasedetail.cfm?ReleaseID=1014350
Joseph Grosso speaks out in an interview: SSRI evaluated that shutting down would cost... You are shutting down a $300 million facility that can remain productive for nine more years. How can you justify to the shareholder that you are shutting it down, and not taking advantage of an opportunity like Chinchillas has within 20 miles of distance. https://www.outsiderclub.com/videos/joseph-grosso-of-golden-arrow-resources-discusses-the-chinchillas-project-and-its-agreement-with-silver-standard/299
The obvious solution is to ramp up Chinchillas and start sending a stream of Silver (and Zinc) ore in the direction of Silver Standard’s processing facilities at Pirquitas. We are constantly asked where the next big Zinc mine is coming from... https://investorintel.com/sectors/gold-silver-base-metals/gold-precious-metals-intel/deconstructing-silver-standard-argentina/
Paul Benson, president and CEO of Silver Standard, tells The Northern Miner. http://silverseek.com/article/silver-standard-golden-arrow-forge-ahead-chinchillas-15630
St. Patricks day. Customary to be green.
Buy ratio was 3 to one yesterday. Recon we just need a little more volume.
Broke through the 50ma and 200ma today. Charts looking excellent for a major run. The rest of the week should be most interesting.
“Golden Arrow” or the “Company” is pleased to provide the following update from the Chairman, President and C.E.O., Joseph Grosso.
As of the end of September 2016, Silver Standard has invested approximately $11M USD to advance the project towards pre-feasibility.In 2016, work completed included: a Phase VI drill program, an upgraded resource estimate, metallurgical studies, engineering studies, environmental monitoring, and community relations programs.The Environmental Report, which is the major mine permit application, was submitted to the authorities in September. https://goldenarrowresources.com/news/2016/message-from-the-chairman
"Golden Arrow" or the "Company" is pleased to provide the following update from the Executive Chairman, President & CEO, Mr. Joseph Grosso.
"The option agreement with Silver Standard Resources (SSO.TO) (SSRI) for the combination of Golden Arrow's Chinchillas Project with Silver Standard's Pirquitas Mine is still in progress (see Golden Arrow News Release dated October 1, 2015). As the 18 month option draws to a close on March 30, 2017, we await Silver Standard's decision. We are appreciative for the professional and transparent technical cooperation between Silver Standard and Golden Arrow which has allowed the advancement of our Chinchillas deposit to this advanced mine planning and prefeasibility stage. Golden Arrow is committed to the Business Combination Agreement and we look forward to fully achieving a final resolve by March 30, 2017. http://silverseek.com/article/shareholder-update-golden-arrow-executive-chairman-president-and-ceo-16377
RSVP end of month party is a go
I'm with you J. Why would you spend 11 ml. and apply for a production permit just to back out.
Do any of ya'll know when the permit is supposed to be issued
Was at the horse races in Louisiana and new the trainer and jockey of a particular pony that had the fastest times by far on the practice track that week and she was in perfect health. Night of the race, out of the starting block she broke her leg. True story. That being said one thing is for sure. There is millions of ounces of gold waiting to be mined at Pebble. That is Billions of dollars. Pebble is in the gate, mining permit is waiting at the finish line. Place your bet.
Lawsuit BS. What proof?
NAK is innocent until proven guilty. Anyone can file a paper with the courts. Without proof it goes nowhere. Again I say, what proof of wrong doings do you have? I overheard two guys talking in the coffee shop dont cut it folks. Prove me wrong. Post your proof. Until then I say...I call BS.
Largest gold mine in the history of the world. Plus copper, silver and other minerals. That is what core samples are saying. Wow Wow Wow. 60 plus years of mining. Can buy in for a buck and a half. Whatcha waiting for? Choo-choo all aboard cause this train is headin out.
Listen to what Doody said. NAK was on his radar and was watched very closely before the bogus EPA shutdown. He said NAK is not economicly feasible. One could say that if you dont have enough electricity to run the mine, you dont have good roads to get to and from the mine, you dont have enough skilled labor in the area, than yes you can probably say it's not economicly feasible. So we have a few hurdles to cross. Bet NAK goes back on his watched very closely list when those hurdles are crossed.
Ponder this. Big players would most likely have stop loss bids in place. Kirby Mc issues a warning. Price falls too fast and orders get processed. Now big boys surely have lawyers on retainer. Lawyers issue possible law suits only to make sure there is no wrong doings. When price stabilizes the big boys will buy back in and ride the price back up. Remember the big boys are in contact with the lawyers so for the sake of a better phrase... they have insider information. So buy long while the goings good.
The US House Committee of Science, Space, and Technology has asked EPA director Sott Pruitt for a resend order. Does anyone know if there is a time limit for a reply? Thanks in advance for your thoughts.
I may not know much, being a newbe at the game. But watching and reading ya'lls posts I knew all that BS law suit was a hoaks. Bought in yesterday and damn glad I did. Thanks to all you longs.
Reason #26-GRNH is not diluting the common stock. What other penny stock can boast that. For all ya'll thinking of buying in, you don't want to be the person in 1 day, 1 month, or one year saying "If I would of, could of, should of"
I got my feet wet today. So jump in. You wont be alone.
4 steps to concur. 1. 8 of 9 props pass-check. 2. Schedule II instated-pending. 3. Massive Financials-pending. 4. Guest appearance on talk show-hopeful. Well 3 out of 4 would insane.
Take us to warp speed scotty
GRNH, WE ARE GO FOR LAUNCH!!
Here is my take of tomorrow's vote. A Yes means millions of people are going to want to grow plants in their homes. A yes means Schedule II is going to happen sooner or later. Then billions of people are wanting to grow plants in their homes. A yes means GRNH will expand to the big stock boards. A yes means GRNH will go nation wide. So tomorrow is just the tip of the ice. A yes means YES SIR!!
California polls close 11pm eastern time tomorrow
Ya'll Crack me up. Get a couple bad days and some of ya'll start the boo whoing. Get a green day and you change your tune. I'm with the old longs and just enjoying the ride and lol over the losers selling a $1.oo stock for $.13. Good luck and meet you at the winners circle.
Haha. Jessie is a classic. If Canada legalized then we would surely legalize.
With all the hype going on it's only a matter of time till the big money players jump in. .20 by Friday is my guess.
Millions of stocks out there to buy but very few give the investor hope of striking it big like this one.
Thanks jonrom
We are go for green. Ignition. Lift-Off-Confirmed.