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


To: onepath who wrote (68724)1/19/2010 5:52:30 AM
From: tyc:>  Read Replies (1) | Respond to of 78405
 
Thanks for the reply, onepath. In expecting a split off of Mt.M, do you expect G to retain Mt.M ? I don't see it that way. To my mind, G has confirmed that neither TRX nor Mt. M is part of its growth plans. I think G's entire interest is a marketable asset.

Mt M. offered the opportunity to invest ~$900M to earn an excellent return.. (The matrix suggests at current metal prices an IRR approaching 30%). El Morro offers the opportunity to invest 2.5 Billion at an even higher return. Funny how we all thought that Mt. M's capital requirement was too high, eh ?