CJO 0.00% 13.0¢ cerro resources nl

It appears that Goldcorp are under no hurry to make a decision...

  1. 37 Posts.
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    It appears that Goldcorp are under no hurry to make a decision and may be using their position to try and negotiate a new deal There is increasing subtle pressure on goldcorp to make this decision soon as the reasons for not making a decision get less and less as cerro management contact goldcorp more and more often (independant arbitration will become available for cerro if nothing happens soon)
    It is interesting that the longer the mine is deferred the more likely funding will be available while gold price stays at current levels as the 3 year average gold price gets higher and higher so its not all doom and gloom .Frustrating you better believe it
    One good thing our resource is getting better with each new result and the groundwork has been done
 
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