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Re: ragi post# 5078

Wednesday, 11/03/2010 12:12:44 AM

Wednesday, November 03, 2010 12:12:44 AM

Post# of 101798
Correct me if I am wrong, StevC etc but..

I thought the rational for why SNEY got the Allied property so cheap was because they just wanted easy cash money now and let SNEY go after financing, do all the labor in the mining etc...

BUT now Allied management transfers over to SNEY? I am confused...if Allied thought this property was so great, really why did they acquiesce to SNEY instead of holding their own and doing it on their own, great profits etc? What does SNEY bring to the table?

I found it really confusing to be honest, but on the other hand I figured well at least there is something worth sticking around for?

I am confused by today's PR as well, given the seemingly cheap price (if the predictions of the land are correct, the optimists' predictions) that SNEY got for the concession and why Allied would "take over" SNEY key positions. I am somewhat at a loss...

Can someone more knowledgeable comment?

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