Gold 1650 wanted to change the thread title.Rob says xstrata to...

Gold 1650 wanted to change the thread title.

Rob says xstrata to use it or lose it. Economics compelling and likely to improve before mine opening 2016.

Melua says a deal will be done soon and funds can then go to another copper gold play. Highland sounds good even if some on there HC threads think theyre better than IRN (may be because they are?). A smaller resource and relatively high capex but lower cost and less sovereign risk. Xstrata to help arrange HIG share of development costs. I think IRN are a better prospect short term. I also like NKP though of cours not Cu/Au. Both these xstrata JV or likely JV. I ll never learn.

The Highland poster though IRN to be broke in 6 months. They have $60m that should last a little longer than that.

If I was in a position to buy a mine or take over a company I imagine the next few months might be a good time. There is a lot of nervousness out there in my opinion about October and a market correction. The market dips any offer will look more appealing.