Post by
MetalMinded on Oct 12, 2022 11:36am
Resource valuation
This is a solid fact:
The current valuation of the metals (Gold and Cooper only) as published in FS resource size, at current spot prices (as of this post) is roughly $51B. That's with deeply depressed metals prices.
Comment by
GardenManman on Oct 12, 2022 12:22pm
no news released for 2 months.even drilling report has not been released. Are they sit down and talking during silence?
Comment by
jclarke042 on Oct 12, 2022 12:37pm
Nothing for 4.5 months! Last was the FS release, I don't count Mining HOF, because honestly who cares? A thought I've had but kept quiet: anyone else notice Paul sent Ken to Beaver Creek? And no corporate update on Trevor. He did like 30 podcasts from BC, but nothing from a sponsoring company?
Comment by
jclarke042 on Oct 12, 2022 12:39pm
Nothing for 3.5 months***
Comment by
GardenManman on Oct 12, 2022 3:21pm
jc. Your observation make sense. No active move.
Comment by
MetalMinded on Oct 12, 2022 1:12pm
Yeah, that's kinda how it works Garden. They don't talk publicly when they are talking privately. Those conversations are confidential and protected. So if it is quiet publicly, it's possible they are talking privately. Not a guarantee, but a possible indicator that they have in fact started talking about those "next steps".
Comment by
GardenManman on Oct 12, 2022 3:22pm
have to wait. Rio should take this opportunity. It is good time to negotiate with discount price.