InvestorsHub Logo
Followers 16
Posts 13947
Boards Moderated 0
Alias Born 01/18/2010

Re: SeaBlue post# 19209

Saturday, 05/04/2024 7:14:35 AM

Saturday, May 04, 2024 7:14:35 AM

Post# of 19410
Yes, that was my point from my prior post. This deal was done (by Frank G.) to give BW shareholders that big stock price boost that will happen as a result of the Goliath mine construction to the first pour.

The upside potential for Treasury shares will go up exponentially during that time and now BW shareholders and Frank G. can enjoy that ride. This will be the same dynamic that FMG shareholders will have when our mine construction decision finally arrives. That's the reason I think Frank G. may at some point in the future be buying into us. This isn't rocket science; it's simply looking at the developers that are closer than others to building new mines. Treasury should be in that sweet spot along with a gold bull market wave to boot.

Another thing that confirms that theory is that when most mining deals happen it's because of land package consolidation Much like what was done with the way we sold Goldlund to Treasury. A move that COMBINES adjoining properties. That was far from the case in this deal. Nothing BW has is really even close in proximity to our land packages, unless maybe Hopebrook. That seemed a bit strange when I first saw what BW held, but as I said this deal was IMO done mainly to consolidate BW shares under the Treasury brand to ride this future wave higher. Frank G. and Keith both knew this and that's why this deal is happening.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent FFMGF News