GREY:PGDIF - Post by User
Post by
oiltaron Feb 23, 2015 6:56am
215 Views
Post# 23453894
PGD has hit the Jackpot
PGD has hit the JackpotCH-6 CH-7 CH-44 CH-1 CH-31 I estimate contian over 54 million tons.
These pipes are the current focus to take the plan to mine over the top.
If the average is 1ctpt at $ 250CDN then we have $13.5 billion in ground value.
At 1.5ctpt then we get $ 20 billion that puts Chidilac right up with GK in terms of value but is twice as profitable to mine it at Chidilac.It is not out of the question that Chidilac could provide a 50% IRR.
I say PGD has hit the Jackpot and I mean it.