Re: Osisko sale bolsters Goldcorp results - good example
posted on
May 05, 2011 08:26AM
... for snapping up deposits from juniors on the cheap and generating huge profits afterwards.
They double the resources shortly after the aquisition and then they have a ROI on total capital costs for full production of just over 1 year. What a deam !
On top they generate between $350M - $500M per year net profit from that project.
I expect in-situ valuations per ounce to go up significantly if POG stays at these levels.
FANTOMAS