RE:Pre-feasibility Study - Springpole Gold ProjectDo these pre-feasibility comparisons make sense when each project is using different assumed gold /silver etc prices?
I am hopeful for Springpole...but as I recall...it is at 1600 per oz gold...which is around the highest I have seen out there.
Dont most projects try to run the ratio off 1200 or 1300 gold ? If so the comparisons are significantly positively skued.
Hey ...I think 1600 is a resonable base case..as will likely much higher 5 years from now that a mine could produce. IT's the comparison that is not all that valid....300-400 per oz in incremental profit is a massive amount in a PI. So not easy street from here...as there is only so much funding to build mines. Would be great to see a chart of planned to build properties into mines with same cost and gold value assumptions.