Re: game changer BOB
in response to
by
posted on
Jan 26, 2011 09:34AM
I think you are right.... now is not the time to capitulate to AEM re Goldex royalty.
This was why I suggested making a deal with CAA.... Lets say that this royalty has a present value of 10 million and future value over the next 10 years of 100 million.
If dave was able to make a deal for say 5 milllion CAA share , he could hold these shares as an asset which would bolster our share price. PRB profits as CAA royaltys increase and potential windfall from HBM or HBM buyout.
In this way PRB has monitized the Goldex buy establishing a trackable value for this asset. This will show up in confidence of investors to invest in PRB and CAA as it would have a secand revenue stream from 2 Canadian large caps.
Why give away our lotto win for a payday loan.... this deal needs a deal maker to get it done with maximum benifit to PRB shareholders.
Same thing for the chromite.... more than one way to skin a cat!