TSXV:AAA.P - Post by User
Comment by
Irulecrapon Mar 24, 2011 10:19am
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Post# 18333642
RE: Wasn't the last Financing
RE: Wasn't the last FinancingI think you are missing the point. It's not about needing the money. It's about who the money is coming from. If it came from someone like Canacrap I would be heading for the exit. This is about bringing someone on board who could finance the whole mine. Review their mandate. This also goes along away to minimizing country risk because no government present or future is going to screw with the world bank because that is their main source of investment.
IFC, a member of the World Bank Group, is the largest globaldevelopment institution focused on the private sector in developingcountries. IFC creates opportunity for people to escape poverty andimprove their lives.
Now Liberty and IFC can fight over who is going to loan AAA the money to build a mine. Another excellent move by management