OTCQX:BGMZF - Post by User
Post by
GoldExecuteon Apr 18, 2013 4:59pm
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Post# 21272281
Kinross Coup
Kinross Coup So, IF the 50% back-in applies to all of Cow Mountain, AND there is any size to this deposit, it will be a complete Coup for Kinross. It will also make it so that no other comapny will try to come in to take this over. Upside in these situations become very limited due to the fact the Back-in company can just pay cost expended to date and then own 50%. I would also be willing to bet that the back in has additonal purchase rights to the project if it follows a standard Back-in.