RE:RE:UpdateInteresting calculation Stockzong. Thanks for doing the work. Some questions come to mind.
First, your comparison with Iron Cap does not take into account that Iron Cap copper is worth more than the gold so in metal terms the Iron Cap grade is more than twice your estimate which is gold only. SEA does not publish gold eq grades because there is no such thing as a base metal equivalent to gold.
Second, did you assume the copper at TC can be recovered? Unless it hits a certain grade in the concentrate it becomes a liability, not a revenue stream. The copper grade appears to be too low to my eyes which would knock the copper out of the grade calculation. Some met work should tell us more.
Third, did you estimate TC open pit strip ratios which will limit the economic size of the pit? A pit constrained resource is required to publish a resource estimate...regulators don't allow global resource estimates anymore. SEA stock went up on the Snowfield acquisition in part because the strip ratio is less than one-to-one.
I think your estimates may be pretty close to factual but more info is needed.