27,480 Hectares Gold Mining Site / Concession For Sale Or Joint Venture
Hard rock gold ore concession over 27,480 Hectares in Nicaragua with an estimated 2,000,000 oz's of reserves. This site has easy access with plenty of water for processing. This site is the largest available site in Central America. Nicaragua has a solid mining law and site owners are very connected to the government allowing full mining cooperation. This gold concession is staged for large scale operations and needs to be studied further. Site owner is open to JV opportunities.
Good points you make. The choice of Cormark looks significant given the history of Canadian miners in the area. From their website: 'We rank as one of Canada’s foremost mergers and acquisitions advisors and underwriters with single transaction underwriting capacity in excess of $1 billion'. That will do ;-)
Sp is behaving as expected.. .MC presentation is also to be expected if you subscribe to the consideration that he already talking to the likely buyer..with that in mind I would have hardly expected him to jump around like a game show host. Furthermore most goldie ceo's at the moment sound like they need a good dose of antidepressants (its the market!)..I never expected him to sex it up when perhaps theres no need.Its great he couldnt say too much about SR..a positive sign indeed....This slot/conference was booked up and paid for ages ago and still worth going incase buyer falls through, although can you imagine the market s reaction if he said "I am not going, no point, already sold".I think he had to attend out of appearances sake...keep that buyer tight, Mark, keep that deal warm..do nothing out of the ordinary that could possibly scare the lawyers!.act as normal as possible......Anyway lets have some speculation...Canadian lawyers mean Canadian buyers that much is clear...If we had to speak Mandarin then the choice of Lawyers may have been different.So we have to think wedged up Canadians with exposure already to Nicaragua.. .I am thinking our relationship with B2 maybe a little chilly although against the potential of an ultra million dollar deal I dont think its anything that couldn't be resolved however how would their shareholders react to getting out the chequebook for something they previously owned?My suspect is IAMgold..Cashed up and already in Nicaragua with Calibre. ...an oz of gold throughout their ops costs over $1100! I think $700 all in would be heaven sent for them and after all we are talking about the potential of an entire district rather than a little slice of pie.Believe me when say they have bought into worse projects than La India and with B2 seemingly happy with their projects in Nicaragua and looking to stay long term then I cant see why IAMG would not be round the table with Cnr right now especially if you can picture two majors sowing up an entire PROVEN mining friendly jurisdiction....... My drawn out point is that I cant see a virgin to Nicaragua getting Involved here so my suspect list only has two cashed up names on it and one is more likely than the other....I could argue a case for this and show my research and links but I am not at home...GLA.
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