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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: jackjc who wrote (59670)5/29/2008 7:06:38 PM
From: tyc:>  Read Replies (3) of 78412
 
Have you any insight into Goldcorp's new relationship with Terrane and Mt Milligan ?

It seems me that the proposal achieves the "back-in" that was the original topic of discussion here. Whereas previously TRX could look forward to financing growth from 100% of the FCF of Mt Milligan, now 60% of it will be siphoned off to finance G's growth plans. Berg (et al) will have to be financed from the remaining 40%. I wonder if this is the cause of the market decline since the first flush ?
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