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Re: Tibby post# 11061

Wednesday, 10/24/2012 8:25:42 PM

Wednesday, October 24, 2012 8:25:42 PM

Post# of 30011
Do you really think that Barrick will walk away from all of this ...We are on record as saying we are prepared to give Jorge 1.8 BILLION dollars for a 50% share of Mina Pascua...what is Barrick prepared to give to retain it's 8 Billion dollar infrastructure they have built to mine this area, (their figures of course)...and to keep their Spa management from possibly seeing jail time...I say 5 times that 1.8B figure, might be considered as a starting point, a third of the gold value over that period, they estimate that it's a 20 to 25 year mine ...800,000 ounces of gold per year with silver and copper to boot ...Barrick knows they are in trouble ...deeper than a mine shaft...what will be the offer on the table come the end of the week and do we as shareholders take it...better yet does Jorge take it !!

Have you done the math ....approx $50.00 per share if we settle at a 200 million share cap
A 100M shareholder shares currently amongst the BOD and shareholders and a 100M shares for Jorge ...would that be enough to call it a day ! and get the Party Started ..

goldpanner
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