HOCHSCHILD IS MAJOR REASON I OWN THIS STOCKI have a position in MAI for many years. Hochschild is our JV partner on the large project in Argentia. The cost of the mine is over 110 million. HS helped MAI with some big $$. Our other options when MAI needed cash was the same as EXM now, stock dilution, or, go to a bank and hedge the heck out of your production. Thanks to HS and Rob McEwan MAI has nothing hedged.
Hochschild knows the territory, they get things done, and get things done when they say they will be done. EXM would be very fortunate to JV with Hochschild on every major project they have going.