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Implanting

04/24/14 9:59 AM

#24746 RE: badge792 #24743

Badge, how is a piss ant going to control the anteater? PTQ having one over on FQ was a big misconception from the beginning. I don't think that was ever the case and the biggest reason this deal has been dictated by FQ and taken so long. It damn sure wasn't because PTQ was calling the shots.
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gjw46

04/24/14 10:20 AM

#24748 RE: badge792 #24743

I understand what you mean. I think that in the case of PTQ they have shown a "ready-fire-aim" style of managing growth. The Spanish stumble is a good example as is the PDI spin-off plan. They were fantastic ideas... at $1,800 gold. I think the copper project is too big to allow PTQ room to breathe. Their tantrum over payments didn't move the financing deal any further. Franco Nevada's investment in CP alone could buy out PTQ four or five times over. But you gotta admit... an ore body, a mill, a deal, gold bottoming, trolls on the board... for $0.20/sh...G