RE:Article: New NCU BackerThanks Quin. Back in Feb. Elliot management announced that they ere going after mining corps worth more than 1 billion. That bodes well for ncu. They also own plenty of triple flag which has already taken large stream at ph. They currently are estimated to have 66 billion u.s. in assets.
So there 1billion plus ph estimate puts sh equity at about .65 cad net worth minimum. They will b doing the op.
I am guessing that the loan will have a convertible clause. They have a stream on op as well as ug, so to there advantage to fund op.
Nf