Deer Horn Capital CSE:DHC

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5 months 1 week ago #121364 by westcoast miner
westcoast miner replied the topic: Deer Horn Capital CSE:DHC
Klondike is a small private company that acquired the property,added to its size and looked to find a company that shared their belief in the future prospect of Te.

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5 months 1 week ago #121363 by davplan
davplan replied the topic: Deer Horn Capital CSE:DHC
Ok Golden Boy that makes sense.

However hasn't Klondike let go of the property to Deer Horn? Maybe I'm misundestanding. If Klondike picked the cherry why are they giving it up to Deer Horn?

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5 months 1 week ago #121350 by GoldnBoy
GoldnBoy replied the topic: Deer Horn Capital CSE:DHC
davplan, the way I see it First Solar decided to get out of the mineral business as a change in corporate direction - investing in mining is not seen as 'green'. Klondike knew of all the First Solar properties and decided this was the best one to keep under their umbrella.
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5 months 1 week ago #121349 by davplan
davplan replied the topic: Deer Horn Capital CSE:DHC
Thank you for your reply.

While helpful, I found your information a little convoluted but the thrust of what you were saying seems to be they had their own reasons to sell and that doesn't take away from the potential of the property.

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5 months 1 week ago #121347 by westcoast miner
westcoast miner replied the topic: Deer Horn Capital CSE:DHC
I am limited in how much I can respond. Suffice it so say that First Solar didn't give up on this property per se,they gave up on all their world wide raw minerals exploration. Companies make business decisions all the time for various reasons. I am told that there was some concern that a "Green" company looks perhaps hypocritical by being involved in mining,a traditional bugaboo for many people. Secondly I am not sure where you deduced that No further work was done by the new owners. I take solace in the fact that the people at Klondike knew of all of the properties that First Solar were working,yet only chose to buy this one. Rather telling what their thoughts are as to the property. For the record Quinto Mining was sold in 2008 (my previous company as CEO) on the basis of Iron Ore properties in Quebec that we had optioned a couple of years earlier. They became available because their previous owner Quebec Cartier Mining dropped all of their non-producing assets in order to deal with their two producing mines that were drowning in red ink. The Iron Ore industry was in real trouble and I assume that they figure no one would be dumb enough to pick them up. As it happened the former manager of Quebec Cartier in the 1960's staked them and optioned them to Quinto. Did Quebec Cartier make a mistake or did they do the right thing by preserving their producing mine? The shareholders of Quinto didn't really care what the answer was,because it facilitated the sale of the company in 2008 for approximately $175 Million.
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5 months 1 week ago #121346 by davplan
davplan replied the topic: Deer Horn Capital CSE:DHC
I have n't given Deer Horn much attention up to now as I live in USA and use Interactive Brokers who do not trade CSE so I was locked out. However I also do have TDAmeritrade account and see there is an OTC symbol which wasn't previously available. So I can take a position then via the OTC if I can get my arms around the story.

I haven't followed the story until now but haven't seen any good explanation why First Solar would sell the property when the metal is a 'critical' ingredient for them and they found 'the best property out there' with the metal that is so key to them. So why would they part with the property then. Why give up control to another company who would then 'set the price' of their key mineral for their process.

Also if 'the property is so great' why would Klondike give up the property without doing any work on the property, after they purchased it to Deer Horn.

Same question, if it has such lucrative potential why did both these companies step aside?

Maybe the question has been answered but it is an important one and would appreciate insight from others who have bought the stock or like Deer Horn.

I know Ron is a big supporter and perhaps he's answered this question?
Thanks.
Robin

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5 months 1 week ago #121338 by lynnsa10
lynnsa10 replied the topic: Deer Horn Capital CSE:DHC
I added a bit more stock to my position. Here is the latest investment pitch video

www.investmentpitch.com/video/0_a7utfuiy...e-tellurium-property

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5 months 2 weeks ago #121315 by westcoast miner
westcoast miner replied the topic: Deer Horn Capital CSE:DHC
Good afternoon. I just wanted to thank Ron for his interest in DHC. I am the president, Tyrone and obviously cannot discuss too much, but am pleased by the embrace of our company. Cheers

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5 months 2 weeks ago #121310 by JunglistGuy
JunglistGuy replied the topic: Deer Horn Capital CSE:DHC
GB, this looks really good. I am going to scrape some cash together and buy some

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5 months 2 weeks ago #121309 by GoldnBoy
GoldnBoy replied the topic: Deer Horn Capital CSE:DHC
great news this morning

2018-10-11 08:53 ET - News Release


Mr. Tyrone Docherty reports

DEER HORN CAPITAL SIGNS PURCHASE OPTION LOI ON FORMER FIRST SOLAR, INC. TELLURIUM PROPERTY

Deer Horn Capital Inc. has signed a binding letter of intent (LOI) with Colorado Klondike LLC to acquire a purchase option on the Colorado Klondike tellurium property located in south-central Colorado, United States. The Colorado Klondike property is a tellurium prospect held previously by First Solar Inc. as a potential primary source of tellurium for the company's cadmium-telluride (CdTe) solar panels. Colorado Klondike LLC, operated by former First Solar management, acquired the property in 2013 after First Solar terminated its worldwide raw materials exploration program.

The Colorado Geological Survey (CGS), in partnership with the Colorado School of Mines, reported on work performed by First Solar on the Colorado Klondike property in the 2015 Colorado Mineral and Energy Industry Activities 2014-2015 publication. In particular, the CGS noted:

"Surface sampling by First Solar, Inc. in 2006 found very high tellurium grades of up to 3.3% (33,000 ppm), along with locally high gold grades. Tellurium occurs principally as the native element and as altaite, a lead-telluride mineral. First Solar is the world's largest manufacturer of thin-film solar modules and tellurium is a critical element in the photovoltaic material. Tellurium grades at Klondike were the highest encountered in the company's nationwide exploration program. First Solar acquired the land in 2010 and began systematic exploration including geophysical investigations. However, the company discontinued their tellurium development program in early 2012 and sold the property to Colorado Klondike LLC."

Surface samples such as these are preliminary in nature and not conclusive evidence of the likelihood of a mineral deposit.

"We're very happy to be expanding our tellurium property portfolio at a time when technology is discovering important new applications for the metal," said Deer Horn president and CEO Tyrone Docherty. "It's also important that Colorado Klondike gives us an asset that can be explored for most of the year."

First Solar also conducted geophysics, drill program planning and permitting on the Colorado Property, preparing for an extensive exploration program before selling the property to Colorado Klondike LLC.

Easily Accessible with Mostly Year-Round Exploration

The Colorado Klondike property is located 10 miles (16 km) from the small town of Saguache and is easily accessible via paved and gravel roads. It is situated on the lower, south-facing slopes of the Cochetopa Hills on the northwest margin of the semi-arid San Luis Valley. Although the average elevation is 9300 ft (2835 m), the area receives just 40-50 inches (100-150 cm) of snow in a typical winter due to its sheltered position east of the Continental Divide. Annual precipitation averages 12-14 inches (30-36 cm). Most exploration work can be performed year-round.

Deer Horn is conducting further due diligence on the property in anticipation of signing a full agreement later in the year.

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5 months 2 weeks ago #121285 by GoldnBoy
GoldnBoy replied the topic: Deer Horn Capital CSE:DHC
Yes, I see that, should be something good, previous news releases had a lot of fluff, but I like tellurium potential

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5 months 2 weeks ago #121283 by howlem2
howlem2 replied the topic: Deer Horn Capital CSE:DHC
Halted pending news...

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