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Gold/Mining/Energy : Canmine resources -- Ignore unavailable to you. Want to Upgrade?


To: Marshhawk who wrote (2606)6/7/2000 5:35:00 PM
From: Ralph Kern  Read Replies (1) | Respond to of 2769
 
I used a 1 year pay back on a bank advance or operating line of credit. On the other hand a 5-10 year note would increase leverage and boost ROE as you say. I would guess CMR might look at a 2-5 year term and split the difference. At current metal prices ONE EYE's estimates are way off. I am leaving out nickel processing costs etc for phase 3 since I don't have the information.
I think we passed the sirens. I usually turn left in movie theaters. That's where the refinery is pointing.
Ralph.