TSXV:HRE.H - Post by User
Comment by
REEnewbieon Jul 03, 2014 3:25pm
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Post# 22714134
RE:Monday May 5th news
RE:Monday May 5th newsKrgyz used to own 37.5% of Centerra. The last agreement is to exhange that 37.5% of Centerra for 50% of the Kumtor gold mine .....what does this mean in terms of Stans getting money ($118 million) from this asset? Would it be more complicated? Seems Stans may have to wait and seize the net earnings from that operation (and NOT Centerra shares).
any thoughts?