RE:RE:soldI don't disagree with any of this math. Possibly, I'll re-enter with a more serious position once I have dealt with some duds in my portfolio. In the meantime, I'll do some research and get some help from the board:
What are the factors that make a deposit worth 100 /oz vs 20/oz?
1) strip ratio
2) political risk, including environmental and social issues.
3) distance to infrastructure, including an existing mill, roads, labour pool
4) metallurgy
5) POG, by-product credits
6) Taxes and royalties
7) Financing to continue operations.
FVL checks some of these boxes. Appreciate the help.