GREY:TWNNF - Post by User
Post by
laroplexon Jan 22, 2012 3:44pm
695 Views
Post# 19433080
North Shore!!
North Shore!! Can't forget,she is just North of the Jerome mine finding(Augen's side) of 1.1 million ounces(with very nice intercept indeed).....I totally agree again with your assessement 100% Digger144.(Very well put for us all).....BUT....saying all of this......Not if we do, but when we get taken over by the sharks circling(these projects are much too big for TRR by itself).....At what price per ounce in the ground could we expect to get?....Apparently the new norm at the present is between$10-$40 in the ground(What a joke).....I suspect having at least $100-$150 in ground(strip ratio 2:1).Taking also TRR's potential of many many more millions of ounces of future growth.....So i'm at the conclusion TRR may be taken over for say between $6-$7 s/p(say, 8 million ozs at $125 in ground=$1 billion dollar)......BUT.....As this story actually unfolds, we may be surprise of it's outcome(the tale will tell us all).It could take us for one heck of a ride going forward..........P/S:...TRR is my top #1 holding ......GLTA