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Bullboard - Stock Discussion Forum Cayden Resources Inc CDKNF

Metals & Mining Industrial Metals & Minerals

GREY:CDKNF - Post Discussion

Cayden Resources Inc > extortion?
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Post by thebeek02 on Apr 06, 2014 12:10pm

extortion?

Now it's less wonder why Goldcorp hadn't moved on CYD's neighboring strategic property !
Double squeeze. Got to wonder the terms of the locals' negotiator. They've gone from $5 mil. to $10 mil./yr. right off the top.... and $5 mil was rediculous with a lot higher POG. 
Gotta smile with no defensive support from the Mexican feds., after their having multiplied their royalties just last year.
Political extortion is worldwide folks, starkly exemplefied by the impunitable example from the TBTF New York Natives. OMG. Gotta wonder what precedant will be tested here.
Shame really - was once a profitable mine.
Comment by thebeek02 on Apr 06, 2014 12:16pm
correction please make that $3+mil doubled to $6+. Right at the bottom line. But what a "legal" racket? eh?
Cayden Resources Inc
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