Post by
copperminer on May 27, 2021 3:17pm
The Fish Call
Nice to see Western Copper and Gold SP soaring by .57 cents. Watercooler talk is that Rio and Newmount will do Casino if the deposit is as great as advertized. Like a 50 year mine life.
But the .57 cents will pale in comparison to our SP jump when the EPA permit drops. I'm thinking $1.00 / $1.50 on announcement. There's only one way to beat two operating copper mines and that's with three operating copper mines. The Florence racehorse is heading straight to the Yellowhead
Lucky TKO ShareHolders
Comment by
nofluff on May 27, 2021 3:27pm
I think your numbers r close miner. The neat thing about one mine in each country is tha the fx gamble is gone. We are very close to 6.00 cad copper today. That should b 80 million cad free cash q2. nf
Comment by
JCSunsfan on May 27, 2021 5:06pm
Curious. If Taseko were to put NP on the market right now, in this exact present situation, what could it fetch? Remember, miners have cash now.
Comment by
nofluff on May 27, 2021 5:20pm
Nothing jc. No one would want the risk. Tko gets 500 million from fn or gov. minimum. They did not spend that effort for 500 million. Currently it is only a single didget million dollar liability. To go out and find that deposit today is a billion dollar risk. So will not b sold 4 less. nf
Comment by
JCSunsfan on May 28, 2021 2:01am
So, you are saying the market value of NP, which is not even being considered in the present SP, is at least as high as the present market cap of the entire company. Yellowhead is similar. Florence is more and Gibraltar is more with the present price of copper.
Comment by
JCSunsfan on May 27, 2021 5:03pm
Time to hedge the bets. Put cash in all of em.