Teck got 'em .... Chester had to fight them off for some time, at one point they had a majority of shares so he issued a whole bunch to a third company Canex, lol .... i forget how that worked, but it did work, they had a big court case about it and Afton won, Keevil still wanted it though and eventually got it, just paid a little more .... Teck made good money on it too, i'll bet, that was a rich mine, and there were good times for copper while they were in there
Afton also had to fight the NDP at about the same time, they were demanding an outrageous royalty, so he just shut 'er down and waited it out, as i recall the case with Teck was in the works at the time anyway, so not too much lost ..... Chester was the founder of Afton too, i think, as well as Eldorado, and he made Glamis what it became through development of heap leaching, wrote a book in spanish about the technique ... my top pick du jour ngt.v will be merged into Alamos soon, and i like that a lot, it's the reason i got into the PoS over a year ago .... 3m ounces at Mulatos, with a 1.2m ounce sweet spot to start with, lots of blue sky beside in the whole district of Salamandra they've got wrapped up ... Placer and Kennecott spent $30m US developing the property, ngt/aas got it for much less in the bleak days of the bear ... excellent leverage for the next leg of the gold bull, because Chester will not screw it up by overspending prematurely, it's not his style ... crafty old bugger, and a winner to the bone
It's 'marcos', please, i am neither a teutonic capitaliser nor a frenchman ... cheers
.... el Sup-tomandante
AI
Market Data 
Markets 
