CJO 0.00% 13.0¢ cerro resources nl

whats the next catalyst?, page-9

  1. 430 Posts.
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    hi cranium, the project is much too small for goldcorp. i dont think its -ve that goldcorp would not want to pursue a project of this size especially being the minority holder. the real problem is the capex (as with everything) it is almost double to what was previous stated. the big question is funding the blend of equity and debt. it will not be 100% debt, so stock is under pressure because equity needs to be raised. until this blend balance is sorted, price, and who does it....very hard to see stock go up in short term. painfully we have to wait.
 
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