RE: Bloomberg ArticleWhy are Pebble's so called low grades coming in for so much criticism suddenly? It's very suspicious that this article came out the same time the stock spikes. These grades have been known for a long time. Anyway there are operating mines with equal or lower grades. Such as Taseko's Gibraltar, soon to be reopened, mine with "0.3% copper with a 0.2% copper cutoff", or Highland Valley's 0.42% copper, without the gold credits of Pebble.
The only reasonable comments could be to the capital investment requirments to open the mine but not the grades, and the capital cost needs have also been publicized for years now.
This appears to be yet one more oft used technique to stampede the weak hands out of their shares. This too will blow over.
All the news release did was confirm what everyone had hoped for, and then some. It's amazing how a negative spin could be put on that.