OTCQX:GTBAF - Post by User
Comment by
surething1111on Mar 17, 2021 9:17am
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Post# 32815126
RE:Net Present Value
RE:Net Present ValueLechmeir,
Tell that one to evolution mining.
This type of analysis might make it on a moderate grade base metal scenario, but margins in the gold space right now, particularly high grade and relatively low costs blow that model right out the window.
Forget the 8 year time frame, long term profitability will rule the argument for some time to come, after all gold is the ultimate hedge against government malfeasance, particularly the way government's are printing and spending money.....like drunken sailors.
Deposits such as these are company makers. I wouldn't be disappointed if Chris decided to bulk sample some of the shallow high grade stuff to build our mill. What are the market caps for some of our producing majors? Hmm.
Sometimes I wonder how people like you ever get out of bed in the morning. Constant doom and gloom living in fear.
Just my 2 cents
S