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Hi 10 bagger,
I will be speaking with Stewart this Thursday.. We should compare notes later in the week
If you have time, please call me before you speak with Stewart. I spent about an hour with him today. Thanks.
- Ian Cassel
until there is a day of reckoning about money supply and negative interest rates I like what an oz of gold can buy more than the oz
- Nick Cousyn
Nick, you asked that if we wanted more details on the big block that is trading in EGI to DM you. I would like to know more about what may be going on here, The stock has been boxed for a while between 28 and 32 cents US and 37-40 cents canadian for a while. It's pretty predictable pattern with some large volume chinks being eaten up every now and then, just curious to know what's going on behind the scenes. Thanks for your time
any luck connecting w mgmt?
Yes, I spoke with Jeremy on Wednesday. Emailed him one more follow up question. Was waiting for the response on that before posting.
WIll post as soon as I can.
Interesting write up Elbit. Have you spoken with a customer or seen product in SC?
- Denver Smith
GRC is terminal in my opinion, the only reason the dividend still exists is that CEO Steve Parry signed a five year lockup on his stock, he is draining out whatever he can. They don't have the cash to pay the debentures, at some point will need to sell royalties or have a very dilutive round. The dividend is pure fiction, it is a return of capital rather than a return on capital. I know this stock intimately, but at the same time never want to talk anyone out of a position that could end up being a winner, so let's just call this a friendly warning.