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Message: Buyout vs Miner
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Aug 15, 2014 05:58PM

I also believe the best way to get a buyout is to do everything operationally that one needs to do in order to mine the Albany deposit including lining up customers. However I also would much sooner the company found a willing buyer and got taken out, because starting a mine is frought with lots of unknown issues and could take many many years to get in production. Remember Voisey's Bay is operated by Rio Tinto and they are a heavy weight and it still took them a long time to get the mine approved and operational.

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