Post by
likeike on Apr 02, 2021 12:02pm
A mean green pea
Tx very good job but this discussion on PEAs has gone on too long for the benefit of someone that
does not get that although they have a lot of information they are notoriously conservative. They are
done by third parties that only err on the side of the ultra conservative. In my opinion they are the
kings of the lowballs. Murphy's law to an extreme.
Now you have a resource that you cannot do a conventional 43-101 and you expect the PEA to be
less conservative?
Last month my GTT stock was bought out after a 10 year haul. I communicated with a guy that was
part of the 43-101 then I think a year later came the PEA. I have never been more angry with how
conservative it was. They remain just a loose guideline for bankers and beancounters and not
Comment by
TXRogers on Apr 02, 2021 6:03pm
I disagree Ike. A poster asks some questions, and requests additional clarity on the responses. If this type of conversation carries on "too long", but raises additional questions or concerns, then it hasn't carried on long enough. It often explains what you see in the market action. Tx
Comment by
TXRogers on Apr 02, 2021 10:31pm
Let's just say this Ike: We know nothing more from the PEA than what we thought we knew prior to its release. How's that for being in "the know"? Lol Tx