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Re: Zeroze2002 post# 45247

Thursday, 12/03/2015 1:20:58 PM

Thursday, December 03, 2015 1:20:58 PM

Post# of 63744
Sure..You are right.GOLD is playing a mini game in here before they could nail the deal .

AU is playing ultra safe if you watch closely.GOLD I think has inked a deal with BAA on the undeveloped properties already hinting that they might stake in to the existing properties to ensure Zijin does not scoop through because I truly believe Zijin is very cash rich and Chinese Govt has always treated Africa as their backyard for mining investments as obvious they are dirt cheap from a real world insight.

The one credit on GOLD front would be that they know the region better than any 1.Thus the preferential treatment on the consideration if BAA was to be tagged in to the deal front.

Let us all be very honest.Any big name miner with BAA properties would take 150K ounces on a given quarter.BAA Management skiils are very poor.

Give the Chinese the chance to export CAT 777 and they would export it from SA to DRC in 5 days.Do not ask me how but they would Vs BAA who took 100 days to get equipment on to the DRC.

Namoya should have gone online 2012 Jan if an effective name had BAA's properties.

Patience pays!!!

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