RE: Antofagasta Sees North America as Competitive reading this article...Anto has access to cash...great...what would be the number if they scooped this up in the next 3-6 months? based on what figure? would they want just the additional 25 % or the whole Kahuna?
they are abviously looking out 7-10 years for their contunual revenue stream of mines and production...with the price of juniors these days...it would be a great time to be out shopping for the future...one project that I have looked at for a period of time now is the Wellgreen Project of Prophecy Platinum in the Yukon...they have a decent size deposit so far and are in the beleif it will double by this time next year once they work threw this year and update the M&I...their PEA has an IRR of 32%...they also have another project that has a mining permit called Shakespeare
https://news.goldseek.com/GoldSeek/1365008400.php
in the article about Anto having 10 bil available and mentioning North America and specifically Canada looking for aquisitions...this company is a possibility
Do not think they could get their hands on Polymet...even though the Brownfield facilities would handle 3 times the ore Polmet will process.....because of Glencore...but it is possible for DM to actually lease/rent/utilize the crushers and facilities at Polymet for the first couple of years while they are under construction of this Monster underground mine...logistically this would make sense!!
notice in the article he talks about grades of ore? anyone study South American anamolies and geology that could seriously compare the grades?