OTCPK:SPVEF - Post by User
Comment by
ProtectTheQuanon Nov 20, 2018 10:07pm
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Post# 29002826
RE:RE:RE:RE:RE:Touquoy LoM
RE:RE:RE:RE:RE:Touquoy LoMThanks Nilyab.
I hope you are right in that the analyst will ask the right questions, and if this blog can provide a source of questions the I hope they are reading it. I know I was glad to get some numbers on the stock pile and if anyone on a future investor call or presentation is listening please please o please ask what the life of mine for Touquoy is and what measure we can use to judge their progress.
And Idle, just so you know I do have a fair anournt or experience in mining, definitely long enough to know smart people and recognize a risky investment. A don’t apologize one bit to the people that purchased shares at the peak expecting the moon only to lose 25%. That’s the risk of investing in a business that isn’t very upfront or transparent with their shareholders. If anyone is pissed they should be pissed at themselves for not listening and getting out early. For the few people that actually read this blog consider me a sober opinion. For those that don’t sober up and hold even longer then enjoy 50 cents on the dollar when they stop improving quarterly or announce they run out of high grade ore.
Why doesn’t someone just do the math and figure out the LoM based on the information you’ve been given. If it’s better than I’m seeing then for dear sake”s post it so others know. What I’m glean from the data is a mine rushing to the bottom of a pit by mid 2020 with nothing but a pile of low grade ore. Ore that’s at best 1/2 the grade of what they are putting through the mill now. Processing cost don’t care whether it’s high or low grade ore.
Bottom line if if you don’t like what I say then prove me wrong because I don’t shut up easily.