GREY:MLKKF - Post by User
Comment by
Cipservon Dec 01, 2011 7:50pm
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Post# 19285110
RE: RE: Mercator May Wait for Higher Copper Before
RE: RE: Mercator May Wait for Higher Copper BeforeI would love to see ML progress the project under a slightly different formula:- get a Korean or Chinese consortium to invest ~ 30%- bring in someone like Louis Dreyfus ~ +10% - other institutions ~ +15%- hedge no more then 50% for no more then 2 years (or as little as possible)El Pilar should not be funded from the Mineral Park; the impact should be 0 to the current ML shareholders.Lets see how big is McLeod's rolodex ...