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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: tyc:> who wrote (66560)7/31/2009 1:41:24 PM
From: Philip Nolan  Respond to of 78416
 
" I note that Inca Pacific (IPR-v) in Peru recently received permits and appears in need only of financing"

IPR moving nicely today.



To: tyc:> who wrote (66560)7/31/2009 3:02:15 PM
From: LoneClone  Respond to of 78416
 
Yes, I would agree that having the copper backbone would seem to me to be preferable, leaving you less exposes to the whims of the market, but that would have to be evaluated deposit by deposit. The other thing to keep in mind is that there is no exchange for moly, so all sales are done on the basis of negotiated offtake agreements.

LC



To: tyc:> who wrote (66560)7/31/2009 8:03:56 PM
From: loantech  Read Replies (1) | Respond to of 78416
 
Not sure about mining finance but I can say "normal" commercial loan market is dead and barely moving. No link just anecdotal evidence. I know someone who works for a very large commercial appraising firm and loan money is tighter than bark on a tree almost non existent.



To: tyc:> who wrote (66560)7/31/2009 10:16:11 PM
From: hank20101 Recommendation  Read Replies (2) | Respond to of 78416
 
permitting is a very big issue. Mining engineer from Barrick recently told me "we used to have 3 kinds of ore: proven, probable and possible, now you have to add permit-able. And if it ain't permit-able, it ain't ore no matter how good the size and grade!"