RE:RE:And if your specially bored before the long weekendExactly!
Rise might be an “investment” as a gamble for fun, its all about the fun factor, right?
Not to get into the history of Greens Creek (its as convoluted as Keno Hill).
It appears that Greens Creek, in its current form, had Mr Nauman as General Manager for Kennecott Minerals from 1993 to 1998 and Hecla was the JV partner.
So will Rise be a repeat of “Hecla Greens Creek”, “Hecla Keno Hill” or a “Hecla Rise!”? Seems there is a common thread. Lol
And of course in my mind the question will always be exactly at what level were/are these related? Who knew who and who knew what at any given point in time. Mines are not about the commodity their actually about people and connecting the dots. J The profits or not comes later.
As for Rise, I think it’s a speculation, as are all mines big and small. Though I can a Rise play might be right up Mr Naumans alley as a BS (BlueSky) venture, Mr Nauman has a track record at (re)starting mines and poking holes.
If Mr Naumans Alexco was an example it was well played (if Hecla was the end game) and Rise may be the same. History has a habit of repeating itself. Mr. Nauman may make a long term hard play for Rise if Alexco was an example. The 43-101 for Keno Hill had a sight update not so much for Casa Berardi (21% decrease in probables).
Perhaps another reason for the interest in Rise through Mr Nauman.
CB production/cost/profit may still show fine for Q1 though. KH Q1 is what I really want to see. KH is unforgiving and always been dependant on the price of silver and people.
As mentioned Its all about the fun factor, right?