IKN

Win us with honest trifles

IKN has just five words for the Bear Creek Mining (BCM.v) deal to buy the Mercedes mine from Equinox

Mining is an expensive hobby.

NR here.

4 Comments

    SSL add yet another non starter to their collection.

    Reply

    So exactly what do Bear shareholders get after absorbing so much debt and risk ? Oh, one day in the next 20 years there will be a gold price linked dividend like Newmont has.

    Reply

    […] the announcement, this humble corner of cyberspace got the deal commentary done in just five words, “Mining is an expensive hobby”. Since then we’ve learned from reliable South Peru sources that the 2022 budget for […]

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    […] the time of the deal on December 17th we commented how “Mining is an expensive hobby“, but that may have been harsh. Clearly there’s money to be made in the mining sector, […]

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