Comment by
mill44 on Jul 07, 2016 7:41am
Estimated pre-production capital requirement of approximately C$ 434.9 million, including C$ 56.7 million in contingency. -- Pre-production capital includes the construction of a 160 kilometre, all-weather road to connect to Iqaluit, the capital of Nunavut.
Comment by
mill44 on Jul 07, 2016 7:43am
Now follow up with news that the government is pitching in to help build the road. Reduce the cost even lower.
Comment by
Kidlapik on Jul 07, 2016 7:51am
Important to not ethey used $149/caratUS for CH-6 carat value, whic is very much on the conservative side for that pipe. The bulk sample results actual values came in at $213/caratUS. Very much a BASE CASE here and its amazing.
Comment by
mill44 on Jul 07, 2016 7:58am
Today should tell you how many trade PGD and how many invest in it.
Comment by
Kodiboy on Jul 07, 2016 8:02am
Disagree, today will not be the defining moment for the trading aspect of this stock and I don't see how you can make that assumption Mill?
Comment by
Kodiboy on Jul 07, 2016 8:11am
Based on the PEA today, what should the SP be with such a modest account? Seems they are just scratching the surface of the resource!
Comment by
Kidlapik on Jul 07, 2016 7:47am
lol with an all weather road included $434-million capex cost. IRR 38% pre-tax. Im in. Even if we gotta finance this ourselves, I'm in. GLTA