read the old engineering report(s)
I spent the time to read the engineering reports over the weekend, there were quite a few. need to update the ajax works. NPV IRR looked great at the 2009-2012 prices.. they should be looking much greater now with the gold and copper prices up
This mine will creat a lot of jobs in kamloops were a lot of oil workers have been lasid off. it needs about 500 or so work forces indirectly and more than 1200 indirectly.
it is right there . it can be a problem and it can be an amazing opportunity for the community. they can use the new blasting techninques to be able to satify the community for dust and noise nuisances.
oversall it is a net positive impact.. imagine all the local crew that will be working there.
I personally own some shares of this company and have bought over past few years. it has been a while that I looked at it.
ii will be built and it is matter of time hopefully. Kamloops would be in great shape if they have this mine producing, new gold producing, and HVC producing. no need for alberta Oil and gas to come back up -if they do
thanks for reading