Replies to post #114 on AuRico Metals Inc. (fka ARCTF)

[hitman558]

From Investopedia:

An offtake agreement is an agreement between a producer of a resource and a buyer of a resource to purchase or sell portions of the producer's future production.

I still say AuRico never mines there. I am 99% convinced that they will sell Kemess and grab a royalty. Interesting that Alamos extended their line of credit to $400 million. Although, Alamos is not a copper producer...yet. Just my opinion.