RE:RE:RE:Understand
What Megaw told me at Beaver Creek, was that this discovery is like a python - the huge hit was a rabbit. Along the way they will hit other big stuff, squirles, etc. That is, the discovery will have bulges and they will be hitting more of them, but that the overall high grade make the entire project valid.
Not to mention the location, and top-tier management. That's why I biught a whole bunch on the dip here - the metalheads don't get it. They take one hit an multiply it. Not the way nature works, and Peter, thank goodness, knows that. He also knows that there are more massive hits coming, which he predicted.
So I'll place my chips with Peter - as I said, the best thing to do with this stock is buy and forget it for 6 - 9 months. Don't react to hits, either way. The enitire project is almost certainly going to be a mine. I'd have to think at sub $30 mm valuation you could make 10 or 15X over the next couple years. That would be nothing for Teck to pay.