Picking the new operator?

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opeongo1

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Picking the new operator?

posted on Sep 27, 2010 09:46PM

I don't see how ECU or GOG will agree on picking a new operator. That would mean bringing in a third party (another mining company) and unless that mining company gets some big compensation (i.e. part of the ownership) for doing so, it wouldn't be of interest to them. IMO, the only solution is for ECU or GOG to buy out the other party. I'm sure that ECU wouldn't agree to having GOG buying out their 50% and for that matter, GOG doesn't have the money anyway.