GREY:OLEPF - Post by User
Comment by
Goldfatheron Jan 31, 2013 11:34am
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Post# 20917655
RE: Thanks to OLE management and Chet ....
RE: Thanks to OLE management and Chet .... i think its a whole new ball game. $740 mil is big! .... and for the investment, 28% IRR is huge too. That guarentees the Buyer to egt their money back in a very short amount of time.... and Timing proved great too, with TGZ PR yesterday saying they Need gold ounces, and Ole today saying " hey, we just happen to have 2.3 mil Reserves, right next door".... if they dont step up fast, they are doing a huge disservice to their share holders..... btw, this new Gold count doesnt include the new PEA, which will inclued MORE Gold. Its the last line on the Hi Lights of the PR.................. PG should have a field day w/ this, and so should RBC as an investment Pitch.