RE:RE:RE:I'm going long with Nevada Young!Google and study the "Lasonde Curve".....If you want to make money in this space you don't touch anything that doesn't have a clear path to production. A clear path to production means viable current feasibility studies, permits and financing with a construction decision.
SKE has full financing with the native population share holders. It's open pit. It's high grade. It's under construction and will be immensly profitable with an AISC well under $1000 per ounce
PPTA got its permit, will get finanicing since Paulson is buddies with Orange Jesus, is extremly high grade, has a feasibility study and has Antimony as a kicker which is the main reason I took an interest in it
I80 is broke. Has insignificant production via toll agreements which earn them nothing. I80 has no feasibiltiy studies, no financing, a blown out share structure which will only get worse, is underground with water problems, needs $400 million to fix the roaster let alone develop the other projects etc etc
Who cares that it's in Nevada? There are tons of failed mining projects in Nevada
And I am NOT short. I made my money speculating on this and only have a morbid interest in how it plays out and why so many of you cling to hope and wishes
I buy gold miners when no one wants gold, when they have economic mines, finaincing, feasibility studies and are trading at a fraction of their NPV. I sell them when they near 1x NPV....works every time. I don't buy box jobs and neither should you