Reckon Skaergaard would be a piece of cake for a major orrr super valuable to one already in the biz wanting control of Pd availability Hots. You have read the 2008/9 independent reports. GRD Minoroc wasnt it.
For outright sale theres a standout to talk to cos there could well be a significant political premium assigned. For JV the Canadians could easily handle this. My hope is that the current boys have the nouse and vision how to max this out for us.
In the hands of a Friedman he could have already taken this to billion buck status. CN is no Friedman, but hey, you wanna crack at hitting the big time, how smart are you mate. I am still in this waiting for that answer.
Meanwhile Gold and Palladium are in uptrend and the really smart thing to do if u can would be to attract a major to fund this with staged earn in to free carry us to DFS and project finance decision giving them control once PF was a go.
i would be happy with final 25 pct on PF go. Later u cld prob sell that 25 pct for a few bucks cash in a mature pms market. Its coming. Even doomsday Dent reckons pms will be the go beyond the coming reset.
opinion
PGM Price at posting:
7.4¢ Sentiment: Buy Disclosure: Held
