RE:RE:RE:RE:The trolls are not the problem. HA20200, I have kind of changed my opinion on Caribou. I used to think the best option would be to nuke it so no one would every attempt to mine that company destroyer again. However, Caribou does have some value as an option on the price of zinc. Whenever the price of zinc rises above a threshold that makes the mining Caribou nicely profitable, hedging production for 2 years and opening the mine makes sense. The trick is to make enough profit during the time the mine is open to pay for all the care and maintenance costs during the time the mine is closed, cover all overhead and depreciation, pay for closing and opening costs, and still have profit left over for shareholders.
To make this worthwhile, the threshold for the price of zinc must be pretty high. That is why I complained about Trevali deciding to open Caribou too soon. If you are going to exercise the Caribou option, you need to do it at a very nice profit level. That will put money in the bank to cover all the future care and maintenance costs which are kind of like the time decay cost of a stock option.