GREY:LCPRF - Post Discussion
Post by
Mining78 on Jul 22, 2014 10:49am
Based on the valuations of Taca Taca
There is the great news from McEwen Mining, you can Google for the whole news release. Before the value for Los Azules was based on the acquisition price paid by US Gold for Minera Andes. After the collapse in Gold prices and Argentina troubled couple of years this accounting value has became the wishful history.
Now based on the valuations of Taca Taca in First Quantum Mineralstakeover of Lumina Copper McEwen Mining will make the conservative accounting valuation of Los Azules. Normally the selling price for the assets is above such an asseessment.
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