Post by
Gutinstincts55 on Nov 27, 2023 8:34am
Good times ahead
IMHO I maintain this will be the best resource play of 2024/25. The underwhelming grade of the deposit here & the Jr macro environment are what I believe to be the main factors of this being at its current MC. The FS will show that a low grade deposit with all the other ingredients in place can be exceptionally profitable. For all that have held through the last few years your time is going to come here. I've put up a large chunk of my retirement savings & have zero regrets. Quality resource, safe jurisdiction, exceptional management team, financing ability/partnering/buyout odds, permitting likelihood, right macro time for the sector......check, check, check, check, check, looking good.
Comment by
crow27 on Nov 27, 2023 9:15am
Gold is just beginning to rise, wait until we are $2,500 and beyond. This will happen sooner than you think.
Comment by
anon3 on Nov 27, 2023 10:06am
The original Troilus mine was 35000 tonne\day operation limited by the 50mw sub station. This was constructed 30 yrs ago....Inmet operated 1994-2010. Anybody with some electrical knowledge know if technology in gold recovery\processing has improved allowing for more tonnes per day....VFD drive motors significantly reduce energy usage
Comment by
metalhead666 on Nov 27, 2023 12:07pm
I can't give you a technical answer but I know for sure that a lot of advancement has been made in metalurgy and recovery processess....that's one of the keys to this projects success.