GREY:NEVDQ - Post by User
Comment by
bogfiton Jun 10, 2023 10:27am
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Post# 35489892
RE:RE:RE:Pumpkin Hollow's Open Pit Vs CMMC's Eva Project
RE:RE:RE:Pumpkin Hollow's Open Pit Vs CMMC's Eva Project"All info regarding grade and cpp is available online should anyone want to look into this more. There are no rules on how little or how much info I need to share on my posts."
LOL Wa-wa-wa! You have no idea what you’re talkin' about! What I am trying to explain to you is that any comparison between projects that are only based upon sale price in an acquisition is basically NONSENSE! How about the debt level a project has incurred? That wouldn't be important to you?
Wouldn’t that be a fundamental consideration to be included in any comparisons? Of course, it should. It’s just plain silly to mouth half a story while ignoring the fundamental characteristics that determine profitably. Silly rabbit!
Not that nonsense is any new frontier for your posts, but cleverly you make a correct assessment when you say you are not constrained by rules, nor apparently reason as well. We’re NOT taking about “rules”, but rather of making sense.
You did mention the feasibility study which informs you of the economic characteristics of mining the project, and then ramble on ignoring the basic tenet of a FS i.e., profitability. What I pick up from your posts is a profound ignorance of the mining industry, so often the downfall of a newbie.
Personally, I fail to see any value in attempting straight on comparison of mining projects because so many variables determine the eventual profitability and LOM.
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