Re: Royalty
in response to
by
posted on
Oct 21, 2011 12:29PM
Judging from the shrewdness of the likes of Sean Boyd,I won't be surprised that AEM played up to the current problem at Goldex in order to gain more leverage in negotiating a sell off of the royalty claim from Probe.They had already expressed a desire to buy back the royalty and why not pay less for it if they can.You are right.Goldex still has at least three billiion dollars worth of gold in the ground and is one of the lowest cost mine in north america.There is also great potential in the exploration front.Hard to see AEM just walk away from it.