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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: kidl who wrote (207385)12/6/2011 4:45:49 PM
From: marcos  Respond to of 313075
 
dmm.to - can't agree there kidl, i think people will look at the whole deal balanced against what Dynasty has in the country, and what they're doing with it, then discover that dmm has tremendous earning power per dollar of current market cap ... the seventy per cent WFT will appear to take the top off of future gains in gold, and it will to an extent, however note that it is deductible from royalties etc ... it's how all this is totted up to form total govt take that counts, and a little over fifty per cent is not that bad imho ... there's also a good chance that dmm gets a better deal, being domestic, established, and doing clean underground as opposed to open-cast

The reason i'd be leery of Kinross would be Russia, not Ecuador ... although with FDN, what they say in re capex and opex would be a bit worrying

ckg.v - i did get that fill, read it right in the first place, system just didn't confirm, phoned in, 'technical difficulties' they say ... and a good thing, already mouthed it up to the beneficial holder, lol