RE:RE:RE:RE:RE:RE:RE:RE:RE:The #1 consideration before investing in miners....Canadian Creek ABSOLUTELY has to be explored. If we are goint to get no value for it, why did we waste our time acquiring it?
The deep drilling could yield additional ore bodies. Obviously, at a certain point you have to close shop and say we have what we have and it makes no sense to keep drilling, however, I don't think we are quite at that point yet. RIO needs confirmation on what we already have drilled and both parties should be curious about just what else is in the cards out there at Casino.
This year is about final drilling. Next year is repackaged NPV and serious negotiations towards a buyout. Any 3rd party sutiors are an unknown, but should only be a postiive surprise.
All Paul has to do is tout the drilling underway, advise that the NPV can range from a low of $2.3 billion to upwards of $7 billion and that WRN is trying to get updated figures ready for interested parties (i.e. RIO, NEM, etal) to digest. He needs to keep his trap shut with regards to who will or will not pay what. He knows as much as I know what RIO willl or will not pay given what metal prices willl or will not be in the future given what the ultimate size of Casino's deposit will or will not be!!
Too many unknown, non-finalized figures sloshing about at present. We need to be patient. Sorry if you are hot-money and want that double digit buyout next month, won't happen. Have to be patient.......