Prophecy CEO credibility At this point we don’t know which deposit is more economic or even if either one is. I’d be cautious with Prophecy though as the ceo has also operated Prophecy Coal and Prophecy Platinum with dismal results.
I find it shocking that he would be emailing people one on one and conveniently “estimating” the operating cost for the Cornerstone deposit, in fact, the regulators may see this in a more serious light than that.
His estimate of $5/lb. mining costs would equate to more than $50/tonne - I suspect he meant $5/tonne?
At any rate, we don’t see the ceo of cornerstone playing mudslinger politics and I respect that.