GREY:STHJF - Post by User
Comment by
kenndagoose3on Jul 18, 2007 5:29pm
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Post# 13112018
The proposed mill is one key to success
The proposed mill is one key to successThere was a recent article on U miners around the Dennison Mill in
Utah with a very sobering assesment of what the mill will pay. They only buy the ore outright so a monopoly on the milling is decisive for what the nearby miners/deposit shareholders get.
STM management seem to be very independent businessmen & shown a solid grasp of the "survival of the fittest" aspects of this business. IMO the recent spliting is just a part of their announced strategy to "monetarize the assets" after which we can expect news of more interesting deals "monetarizing" our shares.
Any thoughts on what's next?