Post by
JanieGottaGun on Aug 01, 2022 8:56am
Firesol
Im just here to pester the arsehole.
My thoughts. Wm is doing what theyare supposed to be doing but they are stuck with mediocre to lousy grades despitee some nice interesctions. The mre came out, the truth was told. 2.5 gm underground is not going to cut it unless they go really big. Like a Goldex or Canadian Malartic odyssey zone. To do that though it needs to be bulk mineable undergound which for the most part its not from what I gather. Thats why it trades at $200m cap.
And the capex to get big tonnage with todays costs is going to be in the $2B to 3$b range which they cant do. The majors know they cant and they arent interest in that underground grade when its not bulk mineable.
As for technical analysis, people who know nothing about mining use TA because thats the best they can do.
JGAG
Comment by
Firesol on Aug 01, 2022 11:10am
</br /yah they're doing what they're supposed to be doing agreed. and your not saying anything that i didn't think myself.>