RE: RE: RE: RE: RE: Cumo simply the bestSo I guess on top of a stock picking guru, you can project the future prices of all commodities now.
Duluth would have a 4 year payback if there throughput was 40K and copper prices were at $1.75. Good news for Duluth is that throughput has been amended to 80K and Copper prices are 2.5X higher than the $1.75. So with my estimation you are looking at between 1 to 2 years.
Now if Mr. Bio-Guru is right and Copper is set to fall because a scoping study used that, boy wouldnt that make life a lot easier when figuring out what stocks to short.
I take it you are shorting every single copper play since there stock price reflects the high copper price of today and not this soon to occur $1.75. Hey while your at it you should go short all the silver and gold explorers out there because the DM scoping study used under $1000 and gold is at $1400, must mean that gold is going to fall any day now.
Is that what you are saying, the $1.75 copper price which was last seen at the height of the crash is where copper is going and yet MSQs scoping price of $16 for Moly which at present is the spot price will not fall a single cent. Wow the prognosticator of all prognosticators is upon us ladies and gentleman.
Please tell us MSQ shareholders the type of deals MSQ makes because for the life of me I have seen 2 deals out of this management. 1. A deal to pay for PR firms to pump this play (which they are stinking up) 2. The deal where they gave Pine Tree away for basically nothing (If anyone is new to MSQ go check out the Pine Tree deposit MSQ had, world class as well).
DM actually will be receiving 25% of the NAV of the project upon the Bankable Feasibility being completed, which is going to be far more than enough. Also the JV partner will be fronting DM $80 million so projections show no further dilution for DM to get into production.
MSQ has less shares outstanding but also has very little money, hence the slow crawl over the last 12 months. Where is the money going to come from. Do you think a major will come along and offer more than $200 million for 80% of the project when MSQs full market cap is at $70 million.
If a $3 offer came tomorrow I guarantee the offer would be approved in no time but who would offer a 200% premium, at best maybe 100%.
So Mr. Inside Man who knows this brilliant management team, what have they done for MSQ shareholders. In what way are we better off today than 12 months ago. Is the Hangman going to save the day, doubtful he likes buying his shares under $1, why would he pay 2 or 3 dollars a share. Let me guess because this is a world class deposit that the world has seemed to have forgotten.
I actually would really love to know whats so amazing about this management team because this is a world class deposit and they have stunk the sheets all day and all night. I hope everyone votes them all out and I really do pray that Biotite is an insider and gets a fat shaft for bilking all these shareholders out of years and years of waiting with a BIG FAT ZERO to show for it.