RE:RE:RE:RE:RE:TUD vs TUO. thanks...happy to learn.. just talking out loud,, the point I was trying to make was that ... that they could drop expenses from drilling to nothing and furhter dilution would be minimal... I mean once you prove out 50m oz in one deposit, do you need to spend more to get to 60-70..?, and they are likely to sell long before building a mine during the normal time frame... so what does the "carried to production descion" really mean for the dilution of TUD.. I dont know.. just poking the bear I guess....
correct me,, but ,, KSM is copper dominate,,a maasive copper with a lot of gold mixed in,, and only recently have big players started looking seriously in this area... they were looking in cheaper countries, and now the political risk is getting hot,, i got out of mexico peru, africa and russia last year . and I am not surprised KSM was having trouble selling.... but now its a different story.... "polically stable" has climbed the ladder of importance..
they story at treaty creek is growing exponentially,.. when they confirm a 50 m oz deposit of gold dominate between the highway and KSM... well. it quickly becomes a feeding frenzy.. IMHO