GREY:NOPUF - Post by User
Comment by
sunshine20on Aug 05, 2008 11:24pm
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Post# 15360495
RE: IR
RE: IRIf so, that is actually good news. Barrick wouldn't be releasing much of anything if they didn't like what they saw, they would simply mothball the project and move to greener pastures. Majors don't operate like juniors--with a large project pipeline, they have no compelling need to hide failure with hype or to save face and credibility when a single greenfield project turns sour. Therefore, majors tend to drop a greenfield project dead in its tracks whereas juniors will often hang on much longer than it is advisable, continuing to pokes holes, fly mags and figuratively trot all over a moose pasture with divining rod in hand.