Rick Rule
Global Minerals
CTG-X
COMMENT
Aug 06, 2013
This company is a survivor. Very well run with a decent deposit. Wishes the company had tried to make the deposit bigger rather than putting it into production sooner. This will likely be part of a several company consolidation in the silver business. Management is very shareholder focused and are willing to sacrifice themselves to see the company go forward.
Management is a first-rate exploration team. They are in a very large iron hosted silver district that is being explored by the exploration team that used to be with Sunshine. Good speculation.
Stock probably got ahead of itself last year; however this is a very high quality management team. Thinks the stock has been oversold. They are now underground drilling into the deposit. A nice silver deposit.
He just completed a financing on this one. They are just now answering a question on the resource. It will have a binary outcome on the price of the stock.
This company is a survivor. Very well run with a decent deposit. Wishes the company had tried to make the deposit bigger rather than putting it into production sooner. This will likely be part of a several company consolidation in the silver business. Management is very shareholder focused and are willing to sacrifice themselves to see the company go forward.