One thing I do appreciate is nobody was talking about this because there were NO BS LEAKS from BS STORIES and PUMPS through phone calls or emails with a shyster. 
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New day. For sure.
I actually bought 300,000 shares of this dog today - a thousand buck’s worth.
It’s not saying much but at least on face it seems management is TRYING to do something. I do wonder why management won’t talk to us a little more often, but there’s nothing I can do to control that short of … never mind. In the meantime, it sounds like everybody needs to get ready to wait, as it appears nothing will happen until we get our CDCH shares, which will most likely be after the first of the year.
Right about now, I could use a good dose of positive thinking from brecciaboy.
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Maybe Doc’s branching out 
I, for one, am really happy that we have some movement forward in this stock. It’s been a painfully long wait for any news and now we have it.
the higher per share valuation after the RS will hopefully mean better access to institutional buyers and brokerages. many have a dollar value cut off. Regardless - another example of the company doing what it said it would do.
There was a theory that when Dr. Sillitoe visited the property and then no production occurred that he had possibly advised that the property was not economical or there were other problems. The fact that we learn today that the company continues with its plans (as enunciated back In December 2017) could be read to dispel that theory.
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I am rather confident based on the very little i know was that the Sillitoe report was actually very very positive about the property although not sure how that pertains to the Caren mine.
I’m just reading so someone may have already covered it, but in case they didn’t… As far as I am aware, we who own CDCH shares do nothing. It will all be handled automatically by our brokerages and it SHOULD COST US NOTHING.
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I for one am very happy to get this news, and my favorite part is this:
“Further announcements are pending”…
I don’t care that there wasn’t more communication, although Karl certainly has an argument. After years of receiving all sorts of information through back doors and grapevines, I found it refreshing to hear absolutely nothing and I see it as boding very well for the legitimacy of this company moving forward.
I am very happy to wait as long as it takes for things to move forward and “further announcements”.
A big THANK YOU again to Kevin for many things including being here this evening to handle questions and concerns.
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Why did CDCH go down 40% though??
I like your enthusiasm TR but just wondering how everyone likes the 100 to 1 RS. And I would love Kevin’s comments on this topic, if he would. If somebody has only 1 million Cdch shares, they would only then own 10,000 shares. How is this good ? Unless the Cdch share price increases by approx 100 % to $1.00 , there is no gain from the current position.
I would appreciate anybody’s comments on this issue.
The CDCH price is irrelevant for the time being. 95% of the shares are not trading and very little about the property is known at this time. When things become clearer and Medinah’s shares in AUMC are distributed and tradable, the price will find an appropriate value.
MASGLAS or AHC or some other entity that Maurizio controls 65% of AURYN Mining Corporation. I don’t expect many of those will ever come to the market. My opinion is that MC is old school, i.e. long term ownership of the underlying asset. So that means we’ll eventually have 35-40 million shares trading.
I think the consolidation of MDMN and CDCH coming out as AUMC with a reverse split is a good thing. I suggested the idea in October at the informational meeting. If the underlying asset has any real value, this is the way to go to build a long-term stable company with a proper capital structure.
By the way, I just received the following picture via text message. I’m not hyping things, because this meeting has nothing to do with AURYN’s existing projects, but let’s play guess who’s coming to dinner.
Can you name the dinner guests?
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Is the man on the left front , The one and only Mr. Monk, I am not sure but I will start a little DD to confirm.
Ha ha, only wishful thinking, Peter Monk died earlier this year. Darn.
Perhaps Hochschild Mining executives, they always wanted the ADL property?
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Best thing about that picture is that les and jj aren’t in it !!!
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Funnyman… From a percentage perspective, owning 1 million shares of a 7 billion share pie is the same as owning 10,000 shares of a 70 million share pie. Yes, you own less shares, but the pie has shrunk relative to the number of shares you own, and the share price moves up accordingly, so you have lost nothing. Tomorrow morning the share price is going to reflect the split by being 100x greater than today’s closing price. If you bought a million shares at a nickle, you spent 50k. Tomorrow your portfolio will show you bought 10,000 shares at $5. Both are $50k investments.
There are built in negatives and positives to the R/S. A negative has to do with investor sentiment… they tend to most often judge reverse splits as bad because it’s one of the favorite tools of dilutive pink sheet/OTC scam companies, just like what LP did with MDMN. They sell shares into the market and bloat the number of authorized and outstanding shares, then do a R/S to reduce the number of shares, allowing them go on diluting again up to another bloated authorized/outstanding share count, then it’s rinse, repeat. I don’t think we’ll have to worry about that here, but it will be pretty easy to tell if things are going that way. The selling we saw today was very likely the result of spooked shareholders who see the words “reverse split”, freak out and bail. It’s fine because we don’t have any valuation for the company at this point, so the share price is irrelevant and pretty much based on speculation.
The number of shares a company has really isn’t the important part. The share price is a reflection of earnings and/or projected earnings divided by the number of shares outstanding. (Remember I’m a simpleton when it comes to this stuff. It actually gets pretty complicated and I never took a business course in my life so if I screw up take it easy on me). If a company with 70 million shares outstanding makes 70 million dollars, then the share price can move $1 on that news. If a company with 7 billion shares outstanding makes 70 million dollars, the share price is only going to move up a penny. This is how share price is determined… the value of the company divided by the number of shares it has outstanding… at least in a simple, perfect world and for the sake of my explanation. Another way to word it is to say that, as the number of shares in a company decreases, each share that exists represents a bigger piece of the company.
Now, from the perspective that I know and am most comfortable expressing… the trader’s point of view… I always love the price movement of stocks with fairly low share counts like our has. When good news starts flowing I think most here will be happy with it, especially if/when we get institutional interest. 70 million shares is not a lot when the institutions get involved. I have to say, I haven’t had any excitement or even interest towards these stocks in some time… years. My interest has finally been tweaked today. I hope it doesn’t take long to give it a boost.
Hope this helps Funnyman.
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Just pulled up CDCH on my fidelity and symbol has hash marks then it says symbol not found. Typed in CDCHD and it has a 0 bid and 0 ask. Ready for tomorrow trading