OTCQX:GTGDF - Post by User
Comment by
AuM2018on Nov 12, 2018 4:59pm
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Post# 28962086
RE:RE:RE:RE:RE:haters big and small
RE:RE:RE:RE:RE:haters big and smallActually, Centerra got Kemess on the cheap, all the value was in the royalty portfolio..... Bought AuRico for C$310mln, sold royalty portfolio for US$155mln (~C$200mln), then slapped a stream on the silver for Kemess for US$45mln in strucutured payments.....
But agreed, Kemess way lower grade than Saddle North initial drill results. Now gotta hope that follow up holes are as good as the first few.