Post by
reddog11 on May 14, 2024 6:21pm
Very Nice!
$72,445 from 362 WMT is awesome.
I know it was presorted but the existing stockpile is 180,000 tons.
If even 25% of that pile grades this well the Cash coming in will be very very nice.
180,000 x 25% = 45000
45000 / 362 = 124 x $72445 = 9 million. Thats at 25% of the 180,000 tons
Maybe I'm wrong but that is very nice nearly free cash.
With copper rising even the 38% position in Thierry should start to factor into the share price.
Nice job Ian.
jmo
RD
Comment by
greendayyyy on May 15, 2024 2:02pm
We have one of the best countries in the world for resources, but the government is closed to any new project in the country. Only the big projects get the go-ahead from Trudeau, and on the other hand it's the juniors who pay the price. Ian has been doing a superb job for several months now and I still believe that the permit will be granted.