GREY:LCPRF - Post by User
Comment by
redbadon Oct 23, 2013 10:51am
188 Views
Post# 21840772
RE:RE:RE:RE:redmetal
RE:RE:RE:RE:redmetalLCC facts:
- Owner of the Taca Taca project (Argentina), the world’s 36th largest copper deposit with 38,3 billion pounds of copper equivalent (0,57% grade).
- Truly a world class deposit whose value has been independently calculated via an extensive study by MTB Project Management Professionals at 2,1 billion usd (or 45 cad per share).
- In negotiation with several Western and Chinese companies to sell the deposit at a price of 15 cad per share.
- The argentinian government dropped a bombshell last year when it nationalized YPF (oil company) but the upcoming October parliamentary elections could change the political landscape substantially.
And yes, there is political risc, nobody will deny that.
What you bring up is 100% bashing, point made.