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Gold/Mining/Energy : Pan American Silver Corp (PAA-T) -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (333)1/6/2000 8:00:00 PM
From: charred  Read Replies (1) | Respond to of 358
 
Hello Claude, what is your take on the delay? This is starting to be a real mess. I don't see how this Russian firm expects to win the licence to mine Dukat. Elizabeth did make a good point about the politics of the situation.

With a delay, I believe PAA should look at acquiring and developing other assets. The La Colorado project looks interesting. Do you know how advanced the project is? When should we see production? At the moment PAA is only producing 2.84 million ounces a year. PAA needs to do something.

Acquiring Corner Bay is one way to reach the goal of a major silver producer quickly. As a Corner Bay shareholder, would you take PAA paper. To me, this is a hard question because of the Dukat problems.

Cheers