newmont will be out in full force at denverThey have a good chance to deliver $1 billion in net income for this third quarter... The only thing that could stop that as I see it would be the possibility of taking some writedowns, Even so a write down would stilll be cash positive for newmont, due to the tax savings on the declaration.....
in my estimation the only reason the likes of newmont has not stepped forward in regard to treaty creek is they would have had to sign a confidentiality agreement with seabridge in regard to looking over the data for ksm project..
well the amk giveaway may have just forced their hand.... who knows they may have taken measures to begin the process of anulling the hypothetical confidentiality agreement a couple of years ago.... a lot of things might be in play and cunningham's move should draw them out in the open.
so ken will definitely have the opportunity to be talking to the majors and the big institutional investors in denver.... and perhaps even some major at beaver creek... newmont should definitely be one of them
and newmont if it is able and willing will not the cunningham move go unchallenged..