RE: Don't forget... I think the other part of the story is that Vale got a slightly better rate than SLW has given others because they are less of a credit risk. I would like to know what rate SLW is paying for their loan. The profit on this loan is not as big as some others if you use today's price of gold. I guess the other side of that is we do not have to wait 2 years to start receiving gold streams as they start up right away.
Bob