Re GrandichHe is a fan of the HD group with his fave Northern Dynasty, maybe the largest Copper-gold project anywhere. They would have to build a 700 ft high wall to contain enough water to form their tailings. The 50M oz Au and untold copper may be miners in 2015 if at all. TKO is the new flagship of the group, and another HDI junior, AHR staking properties around Prosperity. Peter biggest miscall was being a copper bear.
Future financings may be if the form of gold loans, that guaranteed production oz at low prices for cash upfront. Would hate to hedge 13M oz Gold for the 30 year minelife. We also have a 30 year minelife at Gib, What are Gold and Red Gold going to be worth 30 years from now. THESE ASSETS ARE ALREADY PROVEN. With the rampup at Gib, that in the last 6 years has taken this operation from an ancient facility to state of the art in the mining business. Inpit crushers, conveyor systems, 90% recoveries and rampup will lead to cash flow that TKO will have many choices on the direction of the future.
Been a long for 5 years, Ridden the frustration of Prosperity. More about the 20 year political process that has gone on, way too long, to the betterment of few. The possibilties are endless here. The province of B.C. has a place for responsible mining to take all their people to the next level. The Mining industry built this province with the 1858 goldrush up the Fraser River to the goldfields at Barkerville and the Sullivan Mine that operated for 100 years that provided Cominco with the funds to built the Trail smelter on the banks of the Columbia River that is a great rainbow trout fishery to this day. The CEO of TKO worked here. Russ buying 85,000 shares at $5 last week on the open market. Asian money buying 25% of Gib for $180 M
What should the future SP be? Harmony 3M OZ gold to wait and the Aley niobium. We were at $6 before the financial crisis, when we had a lot less. There is only one direction this stock is heading. glta TKO LONGS