GREY:HTRRF - Post by User
Comment by
WinstonSmithon Jan 24, 2018 10:05am
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Post# 27422935
RE:RE:RE:RE:RE:Comparison??
RE:RE:RE:RE:RE:Comparison??Looks to me like CME is mostly ZN whose price has been on a tear, and AG whose price looks like its beginning to get on a tear. The geology and location is similar to Greens Creek in the area.... not a bad thing to copy.
There's lot going on up on the panhandle icluding Dolly Varden Silver (DV) whom Hecla tried to buy (unsucessfully) but is now a major shareholder.
I believe that NIB is viewed primarily (and initially) as a AU mine and indeed we spent a lot of money drifting to the high grade zone there, presumably for the high grade AU content. The later and historic intercepts of CU/ZN are a sweetener. We have been waiting for the gold price to begin a move like Copper and Zinc before it to develop the mine.
Looks like that may be happening with the USD now officially being weakened by the Trumpsters. Inflation on the rise, interest rates going up, CDN strengthening against USD.. ergo higher costs on the Canadian projects and probable AU breakout to a higher trading range..... HTR looking better all the time.