GREY:LBEFF - Post by User
Comment by
victor2009on Aug 25, 2010 5:07pm
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Post# 17383402
RE: Millright, Reality Check! Again!
RE: Millright, Reality Check! Again!aatozz,
Your post on the reality check looks like it was composed by a grade three student, with a learning disability.
After Nickel77 provided you with a model for doing forecasts, you provided some intelligible forecasts on a mining operation. I say intelligible, in that using Nickel's model, it was easy to see where you had made numerous critical errors - such as forgetting capital costs, making no allowance for tonnage reductions on mining recovery, metallurgical recovery, smelter recovery, or differences between pit costs and underground costs. You had a simplistic view that if there was a tonne in resources in the ground, that's what would be sold. Putting your thoughts in Nickel77's model allowed others to discover what a complete fool you were.
Maybe you could copy your "reality check" into some intelligible form, so someone could show you where you've gone off kilter. Or better yet, maybe you could take the independent reports of SRK Consulting, and explain where they went wrong. They say the properties are economically viable at US$7 nickel and a 90 cent dollar. Please provide details of where you think they erred. I'm sure it will be educational for you - and it will provide forum readers with the comic relief we've come to expect from you - the Clown Prince of the Forums.