RE:RE:Surviving the cyclesBulltrap, if you knew what was going on here and done your DD then you would know that the entire PEA report will be posted to SEDAR this week as it's the end of the 45 day period.
The inner details of the report will shine light into the details of the PEA, not just the juicy summary numbers.
We had a d!nk on this board called Milly, we don't need another.
HB
BullTrap wrote: What "PEA" are you talking about ? They just released one on February 2 2015 ...... You said : "Our project is special and hopefully the PEA (out by Thursday this week) will prove that once and for all." ..... ???
Homebone wrote: Remember what J. Mason said in the most recent webcast presentation (paraphrased):
"Looking at just the base case scenario of 25 years, the project will likely go through 3-4 cycles of up and down prices. The project should generate revenues of USD$1,100/oz and have all in sustaining costs of USD$457/oz, representing a 2.5X margin."
Any project can make money at higher than expected prices, but the ones that can still generate positive cash flow at depressed prices are the ones that should attract attention. Especially projects that could be around for 50+ years.
Does anyone else know of any undeveloped projects that have any metrics that rival ours?
Our project is special and hopefully the PEA (out by Thursday this week) will prove that once and for all. I hope to see new/updated analyst reports, multiple interviews (Jay Taylor, James West, Tom O'Brien, Tommy Humphries, Ellis Martin, Jeb, etc.) plus other good news (fall drilling results, upcoming drill program, metallurgy, etc.).
Hopefully they are able to hold off on financing for a while... I think everyone has enough cheap shares for now.
HB