Re: NSR
in response to
by
posted on
Feb 27, 2008 12:06PM
When the little guys find a minable deposit they have undergone termendous presures in the market just to surfive..... Everyone is out to make a buck mining the market... the company just a means to an end.
The managment of the company on the other hand are focussed on finding a resource they can define..... The good will of the managment and final investors are sometimes bolled over by the major..... I would rather see an outright purchase of a deposit than an NSR as an NSR relies on the honesty and integraty of the majors managment..... sometimes this honesty is compromised to maximize profits in the major....... and that is where the courts should rule with an iron hand...... punishing severely those that do not honour an agreement....JMHO
Hud Bay needs a bare bottom spanking for what they have done to CAA...JMHO
Lets hope that Agneco Eagle are cut from a nicer cloth.