GREY:ADEXF - Post by User
Comment by
VENManon Mar 12, 2013 1:22pm
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Post# 21116991
RE: RE: RE: RE: RE: RE: RE: Tuktu royalities
RE: RE: RE: RE: RE: RE: RE: Tuktu royalities GV
T.CLF closed a iron mine in Quebec, yesterday you should pay attention to that with such a love for that area.
I also thought there was no royalty to RB on Tuktu, its no big deal, and for $35 million the royalty is reduced to 3% which is normal for a operating mine to pay. The big picture is that the project move forward. When markets are bullish everyone things all junior minors will get money and not all do and in bearish markets everyone thinks nobody will get funding but some do and thats the point. Thats all that matters and where the focus should be. XXP executive sits on the board of directors for AXI so the interest is here, i think
Good luck to all Longs