thanks, I was thinking of Ontario, (wawa). I also wondered if it could have been a factor in info delay on Kennicott`s part. I agree you usually see a share/net profit when the land is leased. If it was leased form a forestry or railroad etc, I wondered how it might be structured.
I wouldn`t expect them to have mineral rights, possibly the railroads would. would this be access right they would have to negotiate only.
Makes me wonder, some deals you see have up to 5% but that number may be related to something other than net profit, (net smelter, etc.
If we used a number such as 2% net profit to leaseholder, and the lake or the other train source turn out to be something like Ekati mines, we could be talking an amount in the ballpark of the total valuation of CNB. That may be stretching it, but to me is an example of the extreme need for "silence", Until the train source is defined. If the train stopped on land that was not locked up, ouch! |
