RE:RE:RE:RE:RE:RE:The Short-term Share Price Is Irrelevant 💪 TXRogers wrote: BayCityRoller wrote:
JRafflesUK wrote: The PEA will be of most value to investors when one scenaria, not neccessarily the base case, is based on the ACTUAL GRADES achieved in 2021 Q1.
In contrast, a PEA based entirely on historic NI 43- 101 numbers would be less relevant when gold is being poured in Q1.
Moreover, what if the actual grade at Beatons Creek is comming out close to 6gt achieved on samples previously taken by QH. In this scenario, it would be misleading to issue a premature PEA, when the production reality in Q1 is likely to be the best indicator of future grades.
In summary, I would be surprise dif a PEA were now to be issued before the Q1 production grades are announced.
Bingo JK. Thats what I will be looking for. Mention of actual grade in the PEA. If they skirt the issue then its bad news and if not then its onwards and upwards if its 2 gm or more.
BCR
And do you expect consistent grades in a coarse gold deposit?
Caw, caw, caw. .......
Tx
Well Tx. That's interesting. I thought BCR was better known for parading his Parrot ,Captain Flint on this board . Perhaps BCR is thinking of changing his status to become The CROW :-)
Would finally answer Uncle Bob's endearing question title posed on his now famous book cover .
Anyway ,I always thought The Crow was an American Superhero. The connections run deep this Friday . From Treaure Island to Brandon .....Bruce would be proud .
TxMetrix alive and well. Always that finger pointing the way .
BTW ,all this talk about financial viability and coarse gold reminds me of the saga relating to dear old Pretium's no viable resources . Of coarse,it was always going to be that way with Novo.
Just mine the f#ker . And that's exactly what QH is going to do .
Hey ,where is our drummer gc? All super groups had at least one great drum solo. We had, Tank from ELP....Toad from Ginger at Cream, and The Mule,Paices masterpiece. What about The Crow for BCRs band ..... can you manage that one ? It is Friday after all :-))
FW