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acanuck

10/03/12 2:55 AM

#17457 RE: anski100 #17456

There is no way Inmet will lose their concession. They have 6 BILLION dollars invested in this project.
They will have to play ball with PTQ though. Both of these projects must succeed for many reasons.
This is just part of the dance.
Part of me wants to add here as well, but part of me wants to buy put options with Inmets name on them. They should see a decline in SP when the market realizes what the potential ramifications are in this chess game in Panama.
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Implanting

10/03/12 7:51 AM

#17458 RE: anski100 #17456

If Inmet should somehow lose their concessions in Panama or even if they would be put on hold by the government. I don't really see that as a positive outcome for PTQ. If by some twist, PTQ could get control of more Inmet property and it makes a situation possible where they could JV with someone OTHER than Inmet that might be a different story. Is the Panamanian government having second thoughts about Inmets environmental record?