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What's your average price per share if you don't mind me asking? That's quite a commitment you have made there..
Do you own any other resource or oil stocks at all.?
Wow at a dollar a share you would be financially free as a multi..
It doesn't seriously take 6 months to set up the relevant holding companies to be able to invest in Canada??
Numerous Chinese companies and funds invest directly into Canadian resource projects every year so canford and canarc are hardly having to re-invent the wheel here.?
Ah well the wait goes on
Lumber from your own intuition and reading between the lines with brad how close could canford be to getting the cash into Hong Kong?
And also the new interested parties who are doing due diligence..how long would the due diligence be lasting?
Do you think canford might be reducing as their minimum hold period is up now?
When are you next scheduled to talk to brad?
Thanks
What's with the major dumping of shares of the CCM?
Wonder if lumber is reducing his position as he has been quiet on canarc for a little while now?
No not you.
It was reported as though a deal had been "signed"
Anyway good volume today and nice rise in price. Hope it's canfords cash getting closer to canarcs bank account
Well that's hardly breaking news is it? We have known of canfords intentions to fund NP since last October when the exclusivity period started.
The issue has always been getting the "actual" cleared funds transferred over to canarc.
Lets stick to cold hard facts in that NOTHING has changed with regards to the canford position.
What happened to "a source" saying that funding for NP had been agreed as posted on the yahoo forum?
Yep it was posted last night
Thanks for all 3 parts.
But like I said a few weeks back unless canford come up with the cash we could be looking at months for the new interested parties to do their due diligence etc etc.
CCM Tsx in from the uk
I thought we were waiting on a third part..
Thanks
Hmm 2days and still no recording of the call. Call me cynical but news can't be great judging by the share price..
Good day all from a disgruntled uk investor.
Ok but I think that had we had our finance sorted last month as originally intended we could have got it for a lower price that brad was willing to pay.
When will the interview with brad be released?
You don't need to try and condense it down just play the full audio as it is.
Thanks
Scy
Stating a fact is not negative.
FACT is we didn't get finance to buy the mine and we lost out on buying it.
Looks like I was correct about the Quebec mine being more time critical, it looks like someone else beat us to it.
Not sure why we would arrange funding for new Polaris rather than a producing mine first?
Ah well a few more weeks/months to wait
Doesn't seem like any financing has been agreed as the volume is non existent and insiders always get tipped of before the market.
Hope your info is correct lumber but I thought the new mine acquisition was the more time critical transaction? As we have rival bids etc
Hmnn looks like everyone has switched off for the weekend.
Back on Tuesday morning then...
So would it be correct to assume that the funding is coming from canford after all? As brad has been in Hong Kong or was it brokered by one of the other directors?
Where does this leave the mine acquisition as I assumed that was more time critical due to having other people trying to buy the mine also?
If gold is not where to be 100% where else would you suggest?
Thanks
Sorry If I came across a little rude, here with you all fingers crossed we get a great deal and a relating of the share price
I was simply asking what had occured
No one cares about what lumber?
Hmnn I guess no one posts on this Arian board or is it that no one holds the shares in the US.?
Simply because if it has interested brad enough to want to purchase it as his first choice then there must be potential for good production and profits.
That's a nice top up there.
Have u heard anything new that gives u extra confidence?
The problem with taking a year is that good assets don't hang about. If the money isn't secured soon the mine will be bought by someone else.
Disappointment should not be mistaken for impatience.. And time is the one thing that none of us can ever get back.
How long do people here realistically think it will take to get the first deal done?
Do you think we will have to go through another 2-3 months of getting to know each other like with canford?
Anyone have any idea how the pdac meetings went last week?
If it hits 0.12 i will buy. Even 0.125 will be good enough
Hmnn hope the delay isn't negative?
Picked up a few more shares at 0.17. Here's hoping we have an explosive Monday morning
Looks like the deal has STALLED with inside info given to "friends" as usual.
Quite a few hefty sales on the Tsx.v and OTC
Not really recently I have been around and invested since August last year.
And I'm certainly not negative I just like the posts to be factual and realistic. The fact is that the market has sold off slightly because the news expected was delayed, yes it will be a good deal in the end but the market is very unforgiving in these turbulent times we live in.
For the record I HAVE NOT sold a single share even though I would have increased my holding by 30% had I followed my gut instinct last week.
With regards the interview you have scheduled with brad I was merely saying that you should be able to share EVERYTHING said and not only little snippets.. That should not be interpreted as a negative on you at all in fact I really appreciate having someone that can contact brad regularly with upto date information for all on this very small board.
Scy
You should be able to share the whole thing as all shareholders should have access to the same info
Like I said it needs news to suistain the rise..
I too wish I had sold at a higher price, must learn to follow my gut instinct
Anyone have any idea why canarc aren't doing more trade and investor shows?
Or will that come once the deals are signed and a clear timetable is set out?
Same difference.. The money has to be spent on new Polaris and as a result canford will drop to 49% once the loan is repaid.
So canford will end up with their money back and half the project.
It's a great deal to get the mine in production but a little different than just receiving cash for it.
Canarc does not receive 30mil in cash..
Canford have agreed to spend 30 mil to earn the 49% stake in new Polaris.
Happy to be corrected..
I hope the slide does not continue today...