RE:RE:RE:Moving on to fresh legsFolks (was gonna say gentlemen, but you never know),
Long view, sitting tight is easy for me with the Treaty Creek Three (Do you like that name, or should we just stick with Three Amigos?). If your time horizon is a year or longer, it is about as riskless as a junior exploration company gets.
My head only twists for swing positions. Otherwise, I care not what the current price levels are.
It is no longer the play that has the most upside in my portfolio, but the minimal risk is why I continue to hold. It''s like my blue chip exploration stock (oxymoron, I know). My target expectation within the next 18 months is: TUD three bagger from here. TUO three to four bagger. AMK for swings and giggles. This is subject to change of course, based on unexpected new zones and the price of gold.
CG, I find it intersting that you are so keen on KSM. My own opinion is that there many challenges that I fear the project is high risk at this time. Especially with the $5 billion capital outlay, and far less than that After Tax NPV. In the end, I hope they find a way to go forward, because the infrastructure development will surely help all the proximinal projects.