Post by
Sasha11 on Jul 04, 2024 12:36pm
Details Details
The last couple of news releases smell of desperation. The share price is tanked because experts know this is not a project, at least not the one they are trying to sell. Tudor now seems to be alluding to a smaller higher grade (possibly partially underground) project. But why lose the advantage of economies of scale for large open pit operation? That is because the majority, perhaps close to all of their stated 25+ million ounces of a low grade resource is uneconomic. They need to put out the sample grade, recovery, and method of the test work that is briefly referred to in the news release. Compare that to the assumed mining cut-off grade and in context with their MRE. How promoting of this illusion to the general public has been allowed for so long by the securities regulators is a joke, and why the TSX junior mining index is treated as such.
Comment by
Stockmoves1 on Jul 04, 2024 1:09pm
That is one very deflamatory post !! you better hope your right ..
Comment by
Larry60 on Jul 04, 2024 1:16pm
He/she voiced an opinion........not a crazy one either although not one i fully agree with (i agree with the smell of desperation). As usual, the freakin self appointed hall monitors are out in full force....... just take today as a rare win......up nicely!!!
Comment by
Stockmoves1 on Jul 04, 2024 1:29pm
A lot of liability in a post like that when proved wrong.. posts like that get stored for later defamation cases .
Comment by
MrVerbatim9800 on Jul 04, 2024 3:15pm
Yup, nailed it. TUD strike price is .73
Comment by
Jetstream1281 on Jul 04, 2024 3:48pm
He doesn't misunderstand anything...he's deliberately casting shade on Ken and TUD...blatantly saying that they are lying.....
Comment by
cskhurasu on Jul 04, 2024 8:37pm
You are comparing apples and oranges. KSM has a strip ratio of 0.5/1.0mi the early years and the gold and copper are recovered with simple, conventional methods.
Comment by
dingdong01 on Jul 05, 2024 9:09am
This post has been removed in accordance with Community Policy
Comment by
cskhurasu on Jul 05, 2024 12:00pm
It's one thing to find a process that liberates the gold and it's another thing to fir the process requirements and costs within a cash flow projection and environmental permit. The PEA should make an attempt to reconcile these parameters. We shall see.
Comment by
Jetstream1281 on Jul 05, 2024 12:48pm
Yes the numbers I grabbed are from the 2022 technical report.... The numbers you are quoting are only for Kerr/iron cap...the Mitchell/sulphurets numbers are lower and dilute through grades....
Comment by
Jetstream1281 on Jul 05, 2024 10:22am
That's actually another lie....KSM copper grade is 0.16%. TC is 0.18% over all, and if you look at CS-600 it is 0.31%......you may not want to lie about numbers that are easily verifiable....
Comment by
Stockmoves1 on Jul 05, 2024 11:35am
All the more reason to nail his back to the wall when these low lifes get called out for defamation lawsuits !!
Comment by
Jetstream1281 on Jul 05, 2024 2:26pm
The PEA will silence all of the doubters..