Wheaton River Minerals (WRM Toronto) Message Board

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Gold/Mining/Energy : Wheaton River Minerals (WRM Toronto)

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To: originunknown who wrote (285)	1/15/2003 10:29:54 AM
From: Jon Matz	Read Replies (1) of 350

Astonishing IRR: biz.yahoo.com "One of the terms of the transaction will permit Wheaton River to defer the payment of up to US$70 million of the US$210 million total purchase price for up to 24 months. The deferred consideration will not require any gold hedging, and Wheaton River will remain an unhedged producer. Based on current metal prices, Wheaton River believes that cash flow from its existing Mexican operations and its newly acquired assets will enable Wheaton River to be in a positive net cash position by December 31, 2004." What am I missing? Jon

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