Re:re: re:re: Holding Gam BackFirst off capital expenditures create expansions and optimize that operations off the facility.
Second El Cubo cash costs were high so if this mine were to start up again negotiations would need to be made to allow this to be viable for all parties involved. If gold and silver prices move higher from where they are today then yes at 600.00 to 800.00 cash cost anything can turn.
Third if deal goes GAM scores and if deal fails GAM scores ( break up fee ) this is how I read this game sheet
This company has cash and continues to generate cash so drilling along with stategic property allocations makes this very interesting as this can re-define the resource.
So its pocket aces and its great if your looking to start your dd.
Soon dina will blow her horn, stay tuned and good luck
jmho
always do your dd