Posted On: 02/09/2014 3:27:37 PM
Post# of 9903
Thank you very interresting. I skimmed over it. I note that Yamana Gold seems to have very low production costs.
Shame we are not owned by them. Please note, SRGE, nor MSJ has ever been owned by Yamana. When I Yamana and queried this, they actually put me through to the legal team who actually did a full search on all their records. The reason they did this was because there could be no mistaking that if either company had ever been owned by Yamana, there would be a copy of the contract of purchase and of sale held by the legal team. They called me back about three or four days later.
They found no trace whatsoever, of any record of any contract relating to either SRGE or MSJ.
However, someone has bough the mines, or maybe Novamex has just decided to keep them and carry on mining itself.
Either way, we will know some time this year.
Shame we are not owned by them. Please note, SRGE, nor MSJ has ever been owned by Yamana. When I Yamana and queried this, they actually put me through to the legal team who actually did a full search on all their records. The reason they did this was because there could be no mistaking that if either company had ever been owned by Yamana, there would be a copy of the contract of purchase and of sale held by the legal team. They called me back about three or four days later.
They found no trace whatsoever, of any record of any contract relating to either SRGE or MSJ.
However, someone has bough the mines, or maybe Novamex has just decided to keep them and carry on mining itself.
Either way, we will know some time this year.
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