RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:jan 11Curv
I understand the mexican tax case is weak, I have sad as much. But the risk and the hassle and the bad blood from a new miner taking it on or just fighting it out in CCAA is the hassle issue that is just worth avoiding imo. I do not believe W will want to go down that road unless P remains unable to find gold. We will know soon enough.
One way W can skip to front of line and still gain more control of san dimas is to buy the debt themselves at a discount now. I doubt they are the big buyers of debt here but its possible. That could play out a few ways if CCAA happens. All of them being generally bad for shares imo.
Or they bought them as an investment. On the surface its a better Return than many stream deals and they could justify it while getting more control of the asset. We will see.