The $14.00 price is interesting since Ventana also sold for a similar price ($13.06) with 2.5 to 3.5 million ounces of gold and had just over 100 million shares outstanding. Was the price of gold not much lower when Ventana and Victoria were sold? I'm not sure but it certainly was not higher.
I really liked the fact that CD picked out Eastford Lake as a major target. I have always liked Eastford and the grades that he mentioned have all been overshadowed by investors' obsession with TPW. The only way to fix that is to split the company up into two entities.
Now is the time for us to ask that this company be broken up into two separate entities sooner rather than later. In fact, lets insist on it. Such a break-up was mentioned in the conference call but CD seemed pressed for time to get into any dates - or did I miss something?
We may have saved a few bucks on keeping the cost of the webinar to one hour (not to mention that we lost the 1rst 20 minutes to whatever reason) but we paid a much higher price in terms via share price by those rushed answers that were very poorly formulated.
TPW and Eastford are both TREMENDOUS gold stories. We just need someone with presentations skills to tell those stories so that people can actually see the huge upside potential.
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