RE:RE:RE:RE:Oh BTW CSKI'm not disputing the fact that KSM is further down the road....but that doesn't change my opinion that it won't be the first to production...
It's not that i don't care about metallurgy, it's that I understand it....thats what I do for a living...I have a good idea of what it would cost to build an oxidation setup and I can guarantee you it's cheaper than building the MTT.
I personally think the risks associated with KSM are as high if not higher than TC. I also believe that as our results get better and better the project is being derisked...as is Ken's stated goal....It's a pretty straightforward project really, even if pre-oxidation is required....I believe that over the next year we'll find that it no longer is a requirement. The gold is getting stronger and if we can get our cu up from .19 to about .35+, there will be a buyer sooner than later.
Larry60 wrote: Brucejack was a high grade unicorn. Even then not without challenges.
KSM is a massive projcet, I agree., But they are way further down the road than TUD. TUDs gonna have to spend their market cap to get to a production decision. Itll happen. In due time.
KSM is as much as a Cu play as Au - and everyone luvs the metallurgy. I know you dont care about metallurgy, but most do.
KSM is a lesson on how long things can take. Learn from it, dont ignore it
Jetstream1281 wrote: I would not be surprised to see TC become operational before KSM.
It's a much more straightforward path...you can EASILY build an oxidation setup (if it's even needed) for less than what MTT would cost..the grades are better and there's nobody standing in the way....
Larry and CSK are blustering about regulations, but ill remind you that this very team started developing Brucejack at the same time as KSM and its been producing for years...with the right major partnering they could get this off the ground relatively quickly....these guys know what they're doing.