GREY:PGDIF - Post by User
Comment by
ekimon Mar 06, 2017 1:37pm
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Post# 25938326
RE:RE:Margin game
RE:RE:Margin gameAssumption is that the deposit doesn't pinch out and all information shows continually dipping walls at ~90 degrees.
Drillling is obviously needed to confirm this assumption otherwise why do the drilling?
conceptualize that it extends down and go wow on the economics and then figure it is worth the risk to drill deeper.
At the very least...they are going to get some geotech data that will put some reality into the open pit strip ratios versus extreme conservatism (IMO).
LONG...PGD
EKIM