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Viacom Inc. VIAB

Viacom is a global media company with several leading cable network properties, including Nickelodeon, MTV, BET, Comedy Central, VH1, CMT, and Paramount. Viacom has also built several online properties on the strength of these brands. Viacom's Paramount Pictures produces original motion pictures and owns a library of 2,500 films, including the Godfather and Transformers series. Viacom was spun out of CBS at the end of 2005.


NDAQ:VIAB - Post by User

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Post by dvm77on Dec 01, 2005 8:19am
331 Views
Post# 9950031

Mining Friend

Mining FriendA mining engineer who a meet a couple of years ago told me he went to school with Andre and that while everyone thought there was no gold in this location, Andre did. As a result we have what we have today. However my friend indicated that dont be suprised if a big major doesnt buy the hold land package due to the complex land conditions. This is not going to be a cheap mine to develop, but it appears it will be big. A big gold price will help however if this bull market last only another 10 years then this mine may not enjoy the gold value at high levels. This engineer feels that Andre is banking on gold frenzie to sell the mine because more study of the land conditions make not make it very cost effective to develop. That be said the value the following comments are only that. My friend is not God so he is possible dead wrong, but maybe we should consider the hurdles that mat go against VIA selling the property. I know tradergod you may find this message useless, but I take the approach of what if and not its a done deal. For conversation purposes is my mining friend dead wrong or are looking at some complex mining area. What value will be discounted from the overall value per oz given to the property. Is that why canacrap is calculating on low $/oz.
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