RE:RE:RE:RE:CapexBTW, I agree with you re. open pit only projects. Finds like Macassa and Fosterville are rare. NFG has a shot at Queensway. SKE and TLG look good to me and are thus on my radar, but again, I think the Lassonde Curve makes sense from a risk / reward perspective coupled with opportunity cost consideration, time value of money. etc.
Speaking of open pit, a number of people seemed to be jacked about SGD. Their near-surface assays to date at their Valley greenfield site are absolutely first-class, but they're still at an early stage in their exploration work and the claims package is located in a remote part of the Eastern Yukon, so any project there is going to take many years to get to first pour, not to mention the amount of money that will need to be spent to get there. My guess is they'll eventually be bought out by BTO just like SBB (Nunavut) before them (BTO has a formal agreement with SGD re. maintaining a 10% stake in the company), but I don't think shareholders are looking at a multi-bagger given the the remote location, weather, and the fact that the company already has a market cap of over $800M thanks in large part to the constant pumping by hedge fund manager Quinton Hennigh.
Fun times.