Post by
EvenSteven27 on Jul 25, 2021 5:27am
Casino vs Snowfield is like Comparing Copper and Gold
Snowfield hosts measured and indicated resources estimated to contain 25.9 million ounces of gold, 1.4 million tonnes of copper.
WRN
14.5Moz of gold in the Measured & Indicated (M&I) category and 6.6Moz of gold in the inferred category in addition to 3,447,302 million tonnes (7.6Bn lbs copper in the M&I.
WRN has 2.43 times more copper
Snowfield has .56 times more gold
Unless you are making an argument, that gold has tremendously more potential than copper, any comparison is lubricous.
Taseko has a reputation of picking up good projects, but with high risk. They are gamblers. New Prosperity was shot down (as Pebble was shot down with another Ronald Thiessen Project named “Pebble”). The Florence project has had some local opposition due to how they were handling their aquifers. The issue seems to be in the process of being resolved. For Taseko’s sake, I hope it does get resolved. But in short, let’s quit bashing each other. I am a previous holder of Yellowhead under its previous owner. I admit it is a project with good potential. But bashing down one’s competitors to build oneself up is not a good way to make a good impression for oneself. Accentuate the positive. Enough for all to go around. Copper will fly. Up in the Yukon, folks support one another, not bash one another. Let's cut out the negativity.
Comment by
cb2task on Jul 25, 2021 8:20am
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Comment by
EvenSteven27 on Jul 25, 2021 10:27am
Should make clear that existing mines are dealing with Proven & Probable, whereas we are only M&I at this point. However, I do believe there are a lot of unexplored parts of the project, especially on the Canadian Creek side.
Comment by
metalhead666 on Jul 25, 2021 10:41am
Which in the real world is worth nothing or next to nothing. There could be diamonds under my neighbors fence but that doesn't make his house worth more.
Comment by
metalhead666 on Jul 25, 2021 10:40am
Too complicated bringing in multiple interests for a low grade high cap ex middle of nowhere project. I highly doubt that scenario
Comment by
cb2task on Jul 25, 2021 10:52am
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Comment by
metalhead666 on Jul 25, 2021 12:43pm
It's beting honest and realistic. Tell me exactly what Casino and WRN are "worth" if Rio walks away. Unless something is developed or bought it is worth exactly nothing. There's a long long list of "stranded assets" that all looked good on paper in the starry eyes of shareholders that only host moose now.
Comment by
cb2task on Jul 25, 2021 12:47pm
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