RE:How f'ing stupid to publish the PEA Goldminer
I have to agree
The 120M of drill results would have changed the whole scope of the PEA from costs, ounces mined, mine life, NPV, Internal Rate of Return, Payback Period and Cumulative Cash Flows just to list a few.
I think there is a alternative reason for this, it may have something to do with avoiding a takeover, Integra has the right to assess the value of all “known and potential value” of the Sigma / Lamaque property.
Unless someone was willing to throw a large number at Integra (over pay) they would most likely not be successful ! IMO
In my post,, Agnico-Eagle’s CEO Sean Boyd, he states how Agnico-Eagle was a one mine company and commented on how well they have done grown to a dozen mines and how well their shareholders have done. I think Steve would like to replicate that success . IMHO
https://www.kitco.com/news/video/show/BMO-Conference-2017/1507/2017-02-27/Agnico-Eagle-Ready-To-Spend-Billions-Up-North---CEO
M2