EMX Royalty Corp (EMX): Freeport-McMoRan does not need to find f...

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Re: Lowjack post# 572

Wednesday, 05/27/2015 4:20:24 PM

Wednesday, May 27, 2015 4:20:24 PM

Freeport-McMoRan does not need to find financing to complete a project. This is one of the main reasons that Eurasian partners with large mining companies. To say that 9 million ounces of gold and 12 billion pounds of copper in the ground does not mean anything is ridiculous. If you understand the report this would be an open pit mine with very little overburden material to remove, causing costs to be much lower. This poject still has a long ways to go to become a profitable mine but the initial report is very favorable!

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