GREY:DULMF - Post by User
Post by
jjeeddoo7on Aug 18, 2014 10:34pm
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Post# 22854094
the miners
the minersat Teck are way advanced in mining and of the understand of the process of developing a mine that is robust...sure the chances are there that they take on TM or DM...but they are small.
Teck has great assets...and are in a position of strength,,,they are to smart...IMHO,,, to take on the environ-MENTAL-ists in MN.
notice the period.
they will sell out to Polymet or TM or DM way down the road after these three have been all the way through the ringer at the permitting stage.
TM/DM are not the only PGM deposit to be a few months behind on their delivery of PFS(or the like), there is a deposit in the Yukon that is behind on delivery, as well. Wellgreen Platinum is late on their updated PEA...not a spammer...just a comparison to this deposit...check out thier corp presentation...it has DM in a few graphs...BOTH are PGM deposits with crazy low valuations. If these two had only gold in-situ...they would be at multiples to these share prices...the markets in general have issues trying to evaluate them. Pall, Plat, Gold or PGMs are amazing in the end result concentates...there are a ton of Asian smelters that NEED these type of concentrates...problem with this is TM/DM has to fight, just to open a business that may last more than 100 years. If that is not completely nuts...what is.
Wellgreen Plat will mine way before TM, and with LNG power.
I own em both.