OTCPK:CTNXF - Post by User
Post by
RatPatrolon Oct 16, 2022 12:44pm
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Post# 35027738
Newcrest Passing up Big Opportunity (2) ??
Newcrest Passing up Big Opportunity (2) ?? Further to my comments below, Newcrest management should consider my posts made on this (CGP) Stockhouse site for
April 6th 2022 entitled A Big Hairy Isea For Newcrest
And...
April 31st 2022 entitled At A Minimum.
I would also direct Newcrest management to 2 deals very recently announced in the mining space:
1) Glencore buying Newmont's stake in Yamana's Mara project,
2) Agnico Eagle buying 50% of Teck's Mexico mine.
The trend that these deals are exemplifying is ...................
RISK SHARING!!!!!!
This has been a feature of MANY MANY industries
FOR DECADES!
This trend appears to be finally hitting the mining industry.
And I believe this revelation has been partly caused by the series of disasters
at Turqoise Hill.
Newcrest has a chance to carve out a lower risk, more profitable stake at Cascabel.
Yes BHP may be upset.
But BHP will live with it.
BWDIK??
We c.........................
JMHO DYODD