firewitch wrote: MandalorianFett wrote: MandalorianFett wrote: MandalorianFett wrote: firewitch wrote: MandalorianFett wrote: firewitch wrote: MandalorianFett wrote: TXRogers wrote:
MandalorianFett wrote: https://www.youtube.com/watch?v=fRDP1a3DMBM
Fett
Can't you see it, ole Fett?
You're sliding down , down , down. Things are getting blurry. Dissolving away into pockmarked remnants of younger days.
Almost the same trajectory as ABX coincidentally.
Look deep into those money pits. Those mass graves.
Tx
Sorry Tx, the way I see it there has been no significant news in about 2.5 years. Its all smoke. But enjoy the ride.
Fetts
As our lead guitaist Fetts ,you should be enjoying the show along with the rest of the band . I know Jimmy and Gary Thain (Uriah Heep) often played with a ciggy in their mouths ,but just put that cigar out Fetts .You must know ‘Smoke gets in your eyes’. :-))
FW
Name me 1 significant thing reported in the last 2.5 years and I will shoot it down for you fw.
https://www.youtube.com/watch?v=cgOvpIK_kSA Fetts
[/quote
Not avoiding the issue ,but would like to know exactly how you would define ‘significant’ in this particular situation ? Having obtained for example a resource estimate around 900000 oz at BC for the nuggety deposit ,obviously very conservative from Simon Dominy is that significant ? Especially If you recall SD was involved with the Strathcona /Snowden story ar Pretiums BruceJack deposit where it was concluded that there were no viable resources . Now thats what I would call a pretty signicant report-observation . The usefulness of a tea cup is in its emptiness ,from the point of view of a cup that is ,whilst the usefulness of a cup is in its fullness from the recipients point of view.
Im not sure how you are viewing these reports . Anyway Tx appears to have the bit between his teeth so ‘I hope you dont mind if I sit this one out ‘ just for a moment until I go through all the reports again . I found most of everything significant .! . In the meantime ,the sun is out ,Im just out of quarantine and my sun tan has peeled . So just for you Fetts .
https://youtu.be/NHV4AHNmg6U
I always liked Manfred Mann . Hope you like it . You dont always have to shoot down the plane you know :-))
FW
BC is significant if its profitable at 2.5 gms. I say its marginal at best even if you already owned a mill nearby.
Fetts
Dont forget the mill is only 4200 tpd. Its not like a Canadian Malartic where they make money below that grade but they do 60,000 tpd. Tack on the cost of whatever mill agreement and any mill modifications and it will prbly lose money.
Fetts
Karratha is a joke and Egina marginal is also if they attack the swales with sorters where they lose a part of the grade and slow things down to a snails pace.
I hope TX doesnt work too hard on his thing.
Fetts
Ok Fetts , I cant argue with the tpd ,,but the backstop of Sumi gives a huge cushion on any initial profit loss importance .
They have time there . Now ,I imagine your arguements relating to BC assume a gold price of whatever ??
Just lets say that we were in a gold bear market at the moment ,would you have changed any of your observations ?
My point being ,the backdrop massively points to a hugely increasing price of gold . Would you concede that that ihe probabilities
are that the price of gold will be far higher as we go further ? Therefore your probably lose money comments may not be valid .?
Should we not see the future early when it may be right infront of our eyes ?
I still think going into production as soon as possible ,even if small loss as you say would be the correct move in THIS Very EXTRAORDINARY CASE .
There can be method in madness sometimes . Sometimes I dont think ! I feel !! Surely if marginal ,the timing could not be better to go for it .
Pretium have proved their critics wrong so far . Those that have continually bet against it have been burnt . You have to trust management
in a situation like this . They have got the right backers to see this through what other junior has this type of backing ?
FW