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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Bearcatbob who wrote (141131)10/16/2010 2:59:42 PM
From: Ed Ajootian  Read Replies (1) of 206145
 
BCBob, PBR -- not sure how you would define "cash cow" but for me that means generating free cash flow (i.e. cash flow in excess of cap ex needs). As one can infer from the linked article, see reuters.com , PBR management does not expect this to happen for at least 5 years.

Why would any government want to take this sucker over at a point when they are facing such massive capital needs?
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