Major Emerging Gold Producer in Central B.C.
LOM average 217,000oz/yr Au , 88 million lbs/yr Cu for 15 years on Flagship property (CAPEX payback 2.9 yrs. at $900/oz Au,$2.50Cu)
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

AGORACOM News Flash

AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

  • Aim to develop and manufacture the best technology graphite in the world
  • Additional shareholder value will come from investment in commercialized graphene through joint venture partner, Grafoid Inc.

Read More   |   *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

AGORACOM Maintenance Alert: Friday Evening Downtime for About an Hour Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013  Read More   |   *SPONSOR

 

 

Message: Will Goldcorp buy out Terrane?

01-goldbar-24k
Rank: [?]
Treasurer
Points: [?]
315
Rating: [?]
Votes: 33 Score: 3.0
  • Currently 3.0/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Re: Will Goldcorp buy out Terrane?

posted on Jan 05, 10 05:50PM

Though I'd like to see TRX take Mt. Milligan to production, I doubt that they can do this on their own. Raising money (near 1 bil) will be a monumental task for Terrane and they will need all of Goldcorp support on it w/o diluting shareholders, taking on debt and etc. When the crisis of 2008/09 occured that made it much more harder for TRX to do this on their own.

a 50/50 JV is possible scenario w/o diluting shareholders but even this Terrane would need to come up with 400+million for their share of the mine build.

A takeout of TRX is one of possible scenarios, I think some of us who have held the shares would like to see or not complain about if this materializes.

Happy New Year everyone!

New Message

Please login to post a reply

AGORACOM Quick Tips

Testimonials. Members Sure Love AGORACOM! ... Get On The List!

President's D.D.

New feature: Hub Presidents can add important links here.

Hub Leaders