Consolidated Rock Holding Company
Consolidated Rock - Investment Holding Company of Sultan Ameerali
A run in the share price for CBG based on almost zero trading volume.
I couldn’t sell even if I wanted to. As my investment process and bankroll evolve, CBG and Vulcan Minerals are not positions I would buy today. My preference is for illiquid positions outside the mining sector and without any cash burn at all. That said, Vulcan (Great Atlantic 3% NPI and ~30% ownership in Atlas Salt) and Chibougamau (2% GMR on the Mont Sorcier iron deposit) are worth multiples of their current market caps.
I can't keep my BTC on centralized exchanges because they might go bankrupt or freeze withdrawals.
I can't keep my BTC in hot software wallets because my laptop might get hacked.
I can't keep my BTC in cold hardware wallets because there could be a bug on the manufacturer's
@VukasinPekovic @YellowLabLife We all seem to focused on the geopolitical and structural deficits of many minor commodities. Copper is one that I believe is unique. Its demand is being driven by ideological energy policy and augmented by technology. As a metal it is irreplaceable at current prices and as such
"The size of Berg means that project finance, a major partner, streaming, offtake and government support could all become relevant. The eventual ownership structure will matter more to shareholders than a few tenths of a dollar in diesel prices."
Berg is more likely than the average PFS-stage project to become a profitable operating mine. The orebody and economics are compelling. The biggest remaining hurdle is finding a partner capable of permitting, financing and building a C$4.7bn project. Just my opinion.
