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hitman558

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hitman558

Re: blackcat post# 114

Tuesday, 10/03/2017 7:45:55 PM

Tuesday, October 03, 2017 7:45:55 PM

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From Investopedia:

An offtake agreement is an agreement between a producer of a resource and a buyer of a resource to purchase or sell portions of the producer's future production.

I still say AuRico never mines there. I am 99% convinced that they will sell Kemess and grab a royalty. Interesting that Alamos extended their line of credit to $400 million. Although, Alamos is not a copper producer...yet. Just my opinion.
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