Following on from Riv and Buddah Brown
Newcrest executive general manager of minerals Colin Moorhead said the deal was in line with the miner's strategy of seeking early-stage entry into high-quality gold projects in the Asia Pacific region.
Yes, it is chicken feed for Newcrest, but they have not qualified their statement. They have stated quite clearly it is a "high-quality gold project".
While 'early stage entry' must carry some risks, quite obviously they see enough potential to get in before their competitors.
We can take confidence that we are on a good thing - yes long term, but with patience we should come out in front.
And that's from a poster whose moniker carries the digits 80!
Following on from Riv and Buddah BrownNewcrest executive general...
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