Thursday, April 08, 2010 5:17:03 PM
I am not here to bash Cerro, I own Cerro and also believe they will do very well but the actual percentage of the deal are:
Juan 33%; Cerro 20-27% and Medinah 40-47%. This all depends on the final cut which has as far as I know not been determined.
While Cerro has a smaller float, Medinah with it's larger share, the LDM, the Madre and Pumillahue claims should be in the long term a much better deal. And all of that and $2 will get you a cup of coffee.
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