GREY:NEVDQ - Post by User
Post by
rockhound3on Jul 02, 2022 8:53pm
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Post# 34797707
DH-there is lots of blame to go around!
DH-there is lots of blame to go around!I should have bailed as one of my astute fellow posters did when PALA took control =HE SOLD
We can all focus too much on the past= while what matters is the future!
The important issue is WHAT IS GOING TO BE DONE GOING FORWARD?
It would be much easier if we s as l had perfect information!!
I gave it my best shot given my knowledge and experience! Could I be wrong possibly = and that this is why posting can make us all think!
I am puzzled as to your reference to the price of copper - while it is under $4 it is well over $3 and the mill has been built and is working as I expect it will be processing ore for the next 50-100 yrs!
One of the interesting pieces of trivia when I did my MBA more than 50 yrs ago I learned that ""payback" was an obsolete.concept= yet it is still being used today = why= because it gives an easy way to understand the risk involved!
We all know how complex we can make things such that you question why to get up in the morning! = the point being the more variables and assumptions the greater the chance that you can't tell the difference between Shep S-it and dates!=which you can find out without taking it -Out on the sheep!
The past is the past = please let us focus on the future and I have nothing against sheep!!
Rock