 Tue Jun 03, 2008 9:13 am what is bear market? |
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 Business English Lesson, Advanced Level
ESL/EFL Test #300 "Business buzzwords: Worst investments", question 9
IRC has agreed to pay $37.4 million to acquire a sliding-scale NSR royalty on the Pascua Lama gold project, expected to become Barrick's third largest gold operation; the acquisition is expected to provide significant growth in cash flow, and by having the world's largest gold producer as its operator, long life and low cash costs, this is truly a ......... asset.
(a) marquee
(b) mezzanine
(c) Midas
(d) midwife
Business English Lesson, Advanced Level
ESL/EFL Test #300 "Business buzzwords: Worst investments", answer 9
IRC has agreed to pay $37.4 million to acquire a sliding-scale NSR royalty on the Pascua Lama gold project, expected to become Barrick's third largest gold operation; the acquisition is expected to provide significant growth in cash flow, and by having the world's largest gold producer as its operator, long life and low cash costs, this is truly a marquee asset.
Correct answer: (a) marquee
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what is bear market?
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