>>Again, Waterton is not a mining company. GBG is
But GBG isn't a very good one....in fact, they are truly horrid at it. Do you really think that Waterton wants to JV with them? They will hire a good contractor, who will hire the grunts (because they are in very short supply) and they will retain the newly unemployed project geo and mine engineer as consultants for 6 months to figure out where the geological skeletons are in the mine. I've never said Hollister was a bad project - it's a great prospect but it needs professional help - which clearly GBG is not capable of. If I had shares I'd be crossing fingers that Waterton paid a good price - but given my experience with how they operate - I highly highly doubt it - especially as they don't have a mill which to me suggests they are a financial buyer, not a strategic one.
Don't shoot the messenger people. You still have Burnstone, for now.
Damnsammit - go take a closer look at Gryphon - those knuckleheads couldn't mine their way out of a wet paper bag - Waterton took over that project back in February for pennies on the dollar - and they will probably own the rest of the JV by end of summer.
(and I'm out of posts for the day)
