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AuRico Gold Inc. Ordinary Share Message Board

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  • bluelivermore bluelivermore Nov 4, 2011 4:05 PM Flag

    Why Is Everyone So 'Bummed' About Bashing?...

    The remedy to that is the new NXG mine comming on stream. AUQ didn't buy NXG for the producing assets, which are cash cows to be sure, and good for cash flow, at these gold and silver prices. (The Hugo Chavez Put is over in case you hadn't noticed. That was over with Sept. 30th deliveries of product. Which shorterm expanded the gold lease float.Plus silver is in lease adjusted backwardation.)
    The same way they bought the new mine in the last aquisition.
    AUQ's specialty is fixing teething problems. With the mills and grades.

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