RE:RE:RE:300H Under the Mountaintop Anomaly
Thanks Doug, we have arrived at much the same conclusion on target upside under present data by different methodologies - mine much more off the cuff, but we have similar valuation targets. I also agree the probability of an access premium or a lynchpin ownership premium stemming from leverage over KSM development is a material additional upside.
And the throw-ins (it might make Dino and Barry wince to hear the monumental amount of work and expense to assemble the TUO portfolio referred to that way) ... royalties, drilling programs, prospector ... Decade is still on the slow burner at Del Norte/Nelson ... the website details all the others, something could light up and it makes TUO more attractive to me at least.
And i’m a firm believer that metals and precious metals have relative upward revaluation vs other equity asset classes and the macro setup continues to be positive on that score.
My money is where my moth is on that proposition, not all at TC - copper/gold development assets look like today’s opportunity to me. And other industrial commodities as paper assets may face headwinds.
cg