Thursday, March 8, 2012

More from BNN - YRI, G and IMG at PDAC

There's yet more from BNN.

The CEOs of Goldcorp, Yo-mama Gold, and I!Am!Gold! sat down for a half-hour roundtable. They get into things like spiralling cash costs, as well as a more charitable explanation of the difference between "cash costs" and "all-in cash costs" (also known as "uh... the real cash costs, buried in a line item on Page 126 and never once referred to in a news release").

But seriously though.

Another nice thing they point out is they're not going to bother acquiring any properties with political risk. Why bother, they say. Screw it.

I!Am!Gold!'s CEO also notes his company's stock price is going for a song right now. So buy some IMG. Um... after it stops plummeting and the bad news gets out, whatever it is, of course.

Tune in and watch!

part 1 - part 2 - part 3

1 comment:

  1. Another nice thing they point out is they're not going to bother acquiring any properties with political risk. Why bother, they say. We already have loads. IMG in Ecuador (!), Goldcorp in Guat (!), Yo-Mama in Arg (bad end) (!).

    By the way, i like the name yo-mama

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