Post by
kubiak on Mar 16, 2006 12:52am
Resource World March 2006
McEwen is honest and just presents his ideas in the article...summary
Robert McEwen Targets Nevada Gold
Rob McEwen, chief archictect of the runaway success that was Goldcorp prior to its merger with Wheaton River Minerals...not resting on his laurels since his departure from the helm of Goldcorp...one might say he is engineering Goldcorp II.
He has an idea that could ultimately see 30-40% of the Cortez trend in Nevada united by a select group of junior companies of which Nevada Pacific Gold Ltd. is an archetypical member. In December, he invested $5 million into the company, and joined the Board of Directors.
Nevada Pacific was formed by executive alumni who were instrumental in the birth and evolution of Eldorado Gold.
Points out that David Hottman visited McEwen in early 2005 and fall 2005...while McEwen has taken a position with White Knight...
so this is partly Hottmans idea...
- very obvious land synergies
- compelling property package as well as a seasoned and successful geological team...
- Mining industry is a great place to be and in the eaarly stages of a gold bull market
- If one could convince all parties that together, on the right terms, that we would be stronger and have better investor focus, greater market liquidity, a better chance of securing low cost capital, and a btter chance of making a discovery, then I think you would have a very powerful story for the marketplace...30-40% of the Cotez trend...
buy the mag for the rest...