TSXV:AAA.P - Post by User
Comment by
Karmanowon Apr 02, 2011 1:38am
457 Views
Post# 18376622
RE: Maybe
RE: MaybeOr Maybe Not....Des, you were doing so well until you started your post...The fundamental diference with your quote is that there is no deposit in north america that is 150 meters deep...they start nearer to 1000 meters (1 kilometer deep) So, when you put up a deposit that has potash at 150 meters from surface...come back and then we will discuss which one should get the higher valuation...You appear to understand how important it is to be able to build a solution and open pit mine for $725 million versus Quebec at $2.5 Billion Dollars....
"if you have two similar deposits in terms of grade and tonnage, but oneis located in Quebec, for example, and the other is in a central Africancountry, then in my opinion the deposit in Quebec should have a higher valuation."