EXPM:QRMLF - Post by User
Comment by
candysampleson Sep 28, 2010 9:37pm
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Post# 17504481
What planet is Kaiser from?
What planet is Kaiser from?Someone should ask Kaiser about the lack of seperation facilities for the potential Quest production. I don't see how he can use spot prices for what may be in the ground when your'e only producing concentrate. The market price for that I hear is like 1/10th of the going spot prices. One tenth of $20 target is well....
And what about this 120km pipeline, twinned no doubt. Anyone ever check out to see how the MacKenzie pipeline is progressing? Anyone ever consider what kind of power will be required to push a rock slurry over 120km wild terrain. It will have to be all above ground which raises the point of Cariboo herd migration. Good luck negotiating that one at Davis Inlet. Bring your own gasoline container for that meeting. And the corrosion issues for the pipeline alone. Is it going to be built with titanium? The acid from this rock will be a real issue. The PEA was crap at best IMO.
And there still seems to be issues around the metallurgy. No wonder Mariano hates this deposit. I see Kaiser more as a Dines wannabe and just riding his coattails more than anything. I do see Quest riding the REE wave further but I see the Byron Capital report pointing out some real concerns with this one.