I apologize if this has been already posted. Good luck
it's not about the fish. It's about REVENUE SHARING. Someone posted the other day a transcript where revenue sharing was discussed. I don't remember reading anything about the fish.....the poor wittle fish. Funny how that works.
Thanks. Great post. Federal approval appears to remain timely and on track. More detail about the methods resulting in the sustained production improvements. Appears we can expect an increase in revenues in Q1 2011.
Everything looks good. The train should be leaving the station sometime before the end of this year if all goes well. All aboard!
I saw on the news, that China plans spend over 600 Billion on Green Technology, mid to late 2010. That means Wind Turbines, Solar Panels, delivery systems, power grids. That should mean that this company, should get it's share of this money. CHINA WNDPWR GRP LTD (CWPWF.PK) Currently Trading at .13 cents. Why not buy 10000 shares?
Great article. Can't tell if writer of the article doesn't know wich year provincial approval came or if Russ can't remember. Another "Russ said" comment one might not want to take to the bank. Could have been written by a number of posters on this mb. Either way Provincial was mid January this year, not last. Last year I posted some thoughts as far as timing of fed approval and was tagged as overly pessimistic. (Q4 possibly early 2011, pleasantly surprised if it came Q3) Now it appears as if Russ, the rest of the gang and I are nearly in agreement. Funny how things work out at times.glta...keep smiling...frog
How exactly does this work?
"One of the things the firm is looking at is selling between 20% and 25% of the gold production from the mine for around C$350-million"
Gold reserves are 7.7 million ounces. At current prices that is over 8 billion. Why would they sell 20-25% of that for 350 million? I guess the quote oversimplifies the transaction they are looking into, but I'd like to understand better.
'Discount' is most likely based on 'present value' basis of the money. The cash is paid up front....the gold flow starts in 3 years and is delivered over the next 30 yrs. You wouldn't pay full market price up front for a car that wasn't going to be delivered to you for say 15 years. Hope this helps! Good luck if you are long!