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Re: Zilidium post# 10503

Sunday, 02/11/2018 8:37:37 AM

Sunday, February 11, 2018 8:37:37 AM

Post# of 29956
All the previous suitors for NAK have departed empty handed, what makes anyone think FM won't do the same with the salmon initiative etc that is being heaped on the pile of legal hoops FM HAS TO GO THRU JUST TO START?

MY TAKE IS.... .35 TO .50 CENTS, when the dust settles. 4-6 year wait by the time it's over to take a loss or break even? Upside could be dollars, but what are the odds? NOT GOOD.

Quote:
If First Quantum Minerals publicly and unequivocally states its commitment to developing Pebble, then the market can breathe a sigh of relief and turn its attention to the long road ahead. If the larger miner withdraws from the proposed partnership, then it could spell the end of the prospective miner altogether. imho PT
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