GREY:CATXF - Post by User
Comment by
elmothefearlesson Mar 01, 2013 9:46pm
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Post# 21065686
RE: RE: Odd number
RE: RE: Odd number I see Capstone as a logical purchaser of CCY. They already have a Mexico operation, and they have $500 million on hand. That $500 million plus cash flow from operations would finance the development of a 40% interest in LV. Resulting cash flow of $120 - $160 million / year for 20+ years... seems like a good deal. Plus They could probably pick up CCY for $0.02 - $0.03 / lb of copper... that is dirt cheap compared to what they paid for Far West ($0.18 / lb).