RE:RE:RE:RE:RE:RE:RE:RE:RE:Holy BatmanAgree that the real upside comes with PFS - between PEA and full FS (FS is viewed as a buzz killer).
Low grade assets need to demonstate economics to be taken seriously. High grade has the luxury of FOMO e.g. Great Bear.
But a PEA would be as start. It would at lease give a thumb nail sketch of what migh be viable size and cost wise. PFS will then firm that up.
Jetstream1281 wrote: Larry60 wrote: I hold TUD/TUO/AMK.............have held off on SEA as tempting as it has been from time to time.
But to deny that SEA is not 8+ years ahead of us, is delusional. SEA is up 100% in past 5 weeks. We're up 15% (almost all today). Sea could be in production in 2+ years. We could be in production in 10+ years. Its the reality of building a mine.
SEA getting into production, or at least construction, would help our valuation immensely.
TeckPro wrote: Yup. Hopefully their is s CEO of a large Miner that's smart enough to make a deal with TUD 1st, and squeeze the lower grade explorer behind the Mountain into oblivion.
Really pretty simple!
I agree with you there actually Larry, but if you look at where the real money was made on SEA, it's when they put out their PEA/PFS....thats when the 10 baggers happen and we are nearing that point here....