RE:RE:RE:thoughts on valuationGreat discussion here today!
it looks to me like the art of speculation is dead..i have never seen such a slam dunk in my 30 years trading..
as for the "historical" resource" its another lame excuse.. the work done by john is impeccable and i would -speculate- that any updates to it will be very similar wrt to tonnage and grade etc..imho he could just plug in new numbers for spot prices and costs and whammo its updated..
no matter .. tons of money is made when the market mis assigns value
this is one of those times and im taking advantage of the disconnect..