VALUE THROUGH PRODUCTION AND DISCOVERY

Focused on the Exploration and Development through Partnership of its portfolio of Porphyry Copper Targets

Free
Message: Financings

Financings

posted on Sep 04, 2008 07:22AM

With the nature of the economy today, it might be difficult to get financing of any kind but especially equity financing; money is tight.

I recently spoke with Don Graham at Copper Mountain asking him how they would finance the $437M needed to build a mine. And, that's with much existing infrastructure. He didn't even mention equity financing but indicated that the company had at least three suitors who might be willing to put up the money. He didn't say who they were.

I hope that Bell can raise the financing to bring the Mexican property on line. If so, it appears that we could have a winner.

Any comments?

BGT

Share
New Message
Please login to post a reply