Primero Mining Corp. (fka PPPMF)

[Lucullus]

WPM is the key here! The Silver Stream Agrement of WPM weights high on Primero!

So the most important questions here are:

What will happen to the Stream Agreement if Primero declares bankruptcy? Will WPM loose the silver stream as well or will they get the remaining assets?

Primero will not be able to sell Sam Dimas without changes in the agreement! But what would be the highest possible price for San Dimas?

Black Fox was sold for 35 Mill. That's way below the 200 Million Primero once paid and they Didn't make any money out of the mine. I think they actually don't do any exploration, so they generated profit from Black Fox last quarter. The same will happen this quarter because they reduced or cancelled exploration and are just focused on mining know veins and the stockpile.