Something to consider
posted on
Apr 19, 2013 05:29PM
What if EE is just fine with Teck, backing in for 75% and letting them build the mine, waiting for the revenue stream, payoff our portion and just taking profits from there. I'm sure he is not strapped for cash. And maybe this is his retirement stream or an inheritance for future generations. We would see our value climb not at first but as we come close to production and on further exploration finds. I'm just speculating but our liquidity event may have changed along with the market. Recieving a life time of extra Income wouldn't be so bad (depending on your own situation).