RE:That Lundin interviewBefore the 43-101 I believed FCU was a good buy for the Lundins.
But right now I'm wondering; is it enough risk for the Lundins? Because they are famous for stepping into wasp nests and riskful enterprises and come out succesful.
MAYBE it's still enough risk/reward for them if they buy FCU at it's current stage, for fair value (around 2.50-3 dollars per share), and believe there will be enough (discovery) upside left to discover in the area.
But, the longer companies wait, the bigger (and more expensive) this is becoming. This was a problem at the 43-101 and only got bigger since then.