RE:Normally can't desagree with you on serafino .
However , Svm can absolutely not match the pertinence of the gcm project .
Svm came from nowhere ( without visiting ? ) ( was svm aware of an offer from gcm ? ) . Of course they can put more money to win the deal .
And remember ... gcm 4 years ago ar 1300 aisc ....and how they turn the situation around with their underground mines .
Mr market does not appreciate for now . But the project makes very good sens .
The leverage at gold 2000 ...should be very interesting .