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Strategies & Market Trends : Ride the Tiger with CD

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To: TheSlowLane who wrote (6047)3/23/2004 9:35:32 AM
From: Little Joe  Read Replies (3) of 313788
 
"Candente - I spoke with them today and they never plan on building a mine so it's not an issue. They intend to stay focused on their core competency, exploring, and leave the mine-building to whoever they can vend their properties to. So, crack-up boom has little direct impact on them."

I confess to limited understanding of the fundamentals, but it seems to me that if the CAPEX is higher it would reduce the value of the project to a potential purchaser.

Little joe
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