iShares 1-10 Year Laddered Government Bond Idx ETF T.CLG

Improved Economics

[slamdance]

It is nice to see when the bank-appointed independent appraisor shows improved numbers relative to the feasibility study. Since they are working for the bank, even though paid for by the proponent, the audit will be a very tough assessment.

[thedave]

very nice....they have come a long way towards a possibility of building a mine. ps. investors got to know thatmost miners will eventually either get bought out or mothball their project, speculative moneycan always be made speculating on how much gold they may find....at the end the last stage will either be a feasible mine can be built, mothball project or get taken out. 2 of the 3 out

[slamdance]

Yes, they still need final financing approval by Societe Generale Corporate and Investment Banking's Mining Finance team. They may get approval pending receipt of all final regulatory approvals. If the bankers come through then the take out price will rise significantly.