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Re: troutfisherman post# 489

Friday, 06/20/2014 9:46:29 AM

Friday, June 20, 2014 9:46:29 AM

Post# of 757
There's a lot of reasons why it would work well. Great logistics right next to major river, right on the border with China and by all indications a major deposit. Once the Russia / Ukraine situation began to escalate I became pretty negative on the project, but in hindsight it could've actually served as a catalyst to move Russia-China closer together (pipeline deal as one example) and support Chinese interest in Russian mineral assets.

If it does happen I think any acquirer will get great pricing due to the depressed markets. It would still be excellent obviously for EMX but could be a fraction of what they might have gotten during a neutral or bull market.

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