GREY:PTQMF - Post by User
Post by
lufkin1961on Feb 25, 2008 11:54am
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Post# 14538250
TECK and March 31 deadline
TECK and March 31 deadlineWith the deadline approaching, two negatives have appeared in the past few days:
1. Discredit the project based on cost increases (but apples to apples about 15-20%)
2. Discredit the project based on management profiles (well publicized last summer)
With gold at $950 oz, and cost per oz at $200, are there good reason that anybody would believe that either the rise in costs or present management profiles would make this project a bad deal?
or is somebody trying to discredit the project and buy it on the cheap?