If my Joint Venture Partners were looking to be on hard times? I would buy them out...would you want your current business destabilized by your JV partner, If I couldn't afford to buy them myself, I would find a buyout replacement for them,,
Plus there are Major Established Players in the region, it's a hot bed of Miners.
Unlike Tech when it goes to the wall with an asset list of 6 desks, a server, 6 laptops and a latte machine. Gold Mines are still that , Land that contains Gold that is able to be mined.
Here in NZ we have documented Deposits but the consenting process to extract is prohibitive.
Put the mine up for sale in the Beijing Times, it will be sold by lunchtime.....
WPG Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
