RE: RE: hole 08-04 Molyfinder,
More of your lies. I never once swore that the alaskite would have a strip ratio of ten. PURE LIES FROM YOU. What I said is that the stated resource estimate had a strip ratio of TEN...Which was exactly 100% correct. I then went on to show what the strip ratio would be in the PEA, 6 months before is was put out. I was spot on 100% right.
What you were claiming, which was 100% FALSE and a COMPLETE LIE, was that the orientation of the deposit was optimal and would provide a low strip ratio and would be worth billions. You can see that at current moly prices with the reduced strip ratio the Alaskite zone, based on the PEA has negative NPV. But remember it only includes a fraction of the actual costs. The economics would be much, much, much better if the deposit were flipped up-side down, which was the point I was making the whole time.
You know so little about the economics of money it is stupid to even engage in a discussion with you. I saw you little resource estimate, a complete joke not worthy of even a response. For example, you exclude all of the low grade core, then you use two of the best holes and an average length of 170 meters, but when you calculate the deposit size you use a depth of 250 meters...You are a little more than a con-man trying once again to decieve folks reading this board...but I guess that is what they pay you for.