RE:RE:RE:I LOVE IT!!!Nicksonsnowboar wrote: Still a lot of down side pressure on bto. Bto peers outpaced them by a greater than 2:1 ratio in some cases. Gold had a strong up day as did many gold stocks outside of bto who failed to hit its new lower high last hit the end of May.
Nick, you been hit in the head by that board a few times? Man pick a channel. The on the one hand but on the other hand is sounding like an 8 armed octo-economist. You got anything on how the back river project is progressing? Or is that irrelevant to jibber jabber "analysis" ? Last I checked first pour is less than a year away, the open pit will be the highest grade material in the world at 6g/ton and we'll ship 300,000 ounces per year. At $2400 an ounce, that's $720 million $usd. Or let's round to $1Billion CDN. That's just 1 mine. What will we do with annual cash flow of $1BILLION on no more construction capex on back river? And no debt on the bs to show for that mine build. I'll continue to ignore the daily/weekly/monthly jibber jabber volatility because a year from now, when the cash gushes, BTO will outshine.