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Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Bullboard Posts
Comment by bot_feederon Apr 24, 2013 12:03pm
149 Views
Post# 21295117

RE: RE: Whatever.

RE: RE: Whatever.

There's really not any disagreement here.  It appears they made a sensible move.

 

I appreciate your observations on the political situation.  Other than volatility of precious metals prices, political risk is the one other risk that concerns me for someone with a deposit in BC.  I agree, royalties are inevitable anywhere you want to mine in the world.  On the plus side, a large high grade deposit should have the potential to be profitable even after royalties.  And BC faces the reality that they only stand to get royalties if they permit the mine.

Bullboard Posts