RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:A False ComparisonSurprising you don't remember that before the 2013 FS came out they were promoting their estimate that the cost to produce Cu was going to be around negative 0.50 to .75 cents per pound with the other metal credits counted in. They had an article by some analyst that touted this estimate and was featured on their website. I also remember asking Elmer personally about this at the Vancouver conference and he confirmed to me that this was going to be the case.
Well needless to say when the FS came out this was totally off the mark as the cost in the FS to produce was over $1.50 US or so per pound. Furthermore, that article on their website suddenly disappeared right after the FS came out. Now try telling me that wasn't coincidence. Do you wonder why many burned investors will take everything Elmer says with a huge dose of skepticism? Now you know, as I have personal first hand experience as do many others that were told similar things including phony deadlines that have come and gone repeatedly. But don't take my word for it MK. Do as you wish with your own money.