Thank you Easymillion. You have a mind like a steel trap and remember everything. Mine is like a plastic sieve.
Yes Usual but it will be on the Vancouver exchange
what does it mean for us shareholders? I am only concerned about the share price noting else. What will move it thats it. we can sell yellow snow for all I care at this point.
George give lester a call to see what’s happening?
Richard corrected me. It’s now called the TSX Venture Exchange.
Note the quarterly Management Discussion and Financials are out on Western Troy on Sedar.com. Nothing much new to note there though. Also note (as Rod pointed out) that they put out a historical resource estimate on the San Nicolas property on their website. [1]
Their annual meeting is tomorrow Aug 1 in Toronto. One might assume they will try and get shareholders to pass the proposed RTO plan with Masglas. There is a core of large shareholders that control almost 50% of the company as disclosed in the above filings. So assuming they have their ducks in a row it seems like this will not be too hard.
Also note that this RTO is between Western Troy and MASGLAS Peru S.A.C. Masglas Peru is most likely not the identical entity as Masglas LImited[2] which appears to be a Chilean corporation. They could be entirely separate or one could be the subsidiary of the other (most likely). How this ends up relating to Medinah, Cerro and the ADL remains to be seen.
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“Masglas Limited” is seen many times in various press releases over the last several years. Also see Cerro’s Management page where in Maurizio’s bio it states: “Mr. Cordova is the founder of MASGLAS Limited and AURYN Mining Chile, SpA …” - https://cerrodorado.com/management-team/ Also note there is a “Masglas Limited” twitter account although it has never been used (https://twitter.com/MasglasLimited).This Western Troy thing is the first time we have seen “Masglas Peru” as far as I know.
Good show CHG
Western Troy AGM results from yesterday. Looks like the RTO will not occur till after a special meeting in late Oct.
Some more Cerro filings: https://www.otcmarkets.com/stock/CDCH/disclosure
Some amended filings plus attorney letter. It wasn’t immediately obvious what was amended.
anyone have a clue as to when we will be told anything that will start to move the price north? This is getting a bit ridiculous
Is the new CDCH filings have anything to do with lifting the restriction on CDCH shares soon …it talks about rule 144 in filing report…anybody with more knowledge could explain…never mind I guess they are talking about getting yield sign off
I believe it should make their information disclosure up to date which should result in removal of the Yield sign on the OTC.
This has nothing to do with lifting the trade restriction on the shares issued to Auryn last Dec. in exchange for the ADL claims. That restriction should come off Dec 15, 2018. Whether that restriction is playing a part in the current lack of developments is not clear, but it could be. Even if it is, it may not be the only issue. Funding the development of the Caren or for exploration could very well be an issue as well.
If the Western Troy / Masglas Peru thing has anything to do with how the ADL moves forward (and it might), then we will have to wait till that gets taken care of in late October.
All in all it seems like Q3 of 2018 will be as quiet as H1 of 2018. Perhaps in Nov / Dec things will de-ice a bit and we will get some movement forward.
They added a sentence to the bottom of Note 4 giving a broad description of where the $56M valuation for the ADL concessions came from.
They’ve been messing around with this Q1 report for several months trying to get it right.
Now it’s almost time for the Q2 filing (Aug 15)
http://www.gfcmediagroup.com/mining-and-investment-latam/agenda
Dante Conetta will be speaking October 29th at 2:00pm for 8 minutes representing MASGLAS, Cerro Dorado and AURYN mining in front of investors and bankers…
The yield sign has been removed for CDCH on the OTC: https://www.otcmarkets.com/stock/CDCH/overview
Haven’t seen that for a while
So it took one added sentence to satisfactorily meet the OTC requirements to remove the yield sign! Can someone please explain?
And the price goes down today. Totally makes sense. Like everything here. ha ha.
Now is not the time to fall asleep.
On the contrary, this post just woke me up a bit. Guess I’ll have to start paying some more attention here.