Welcome To The Spider Resources HUB On AGORACOM

First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

Free
Message: Re: chatted with Chris at KWG
24
Jun 05, 2010 10:11AM
9
Jun 05, 2010 04:20PM

hi Rock. Any comments on PP<s to pay for infrastruture are really missleading. Infrastructure is usually paid for by DEBT/BONDS/Mortgages not usually by venture because by the time you are ready to start infrastructure the risk is greatly removed. When you put the shovel in the ground for building MILLS, RAILROADS, equipment PUMPS ETC> you have sales contracts to match production..something to bring to the financiers. Infrastructure will not dilute ownership in the way we see PP,s. Financing for the infrastructure will match cashflow from production. This is were the government comes in not with cash but with LOAN GARENTEES to facilitate borowing..That is still a ways off. The timming for that is in the hands of "the miner" not the explorer.

glta

15
Jun 05, 2010 05:11PM
4
Jun 05, 2010 06:23PM
Share
New Message
Please login to post a reply