Post by
LonghandStrong on Apr 23, 2021 10:50am
BC Closes another Open Pit
https://www.cbc.ca/news/canada/british-columbia/taseko-gibraltar-mine-williams-lake-layoff-1.5999119 I know, I know, I must be a paid basher for raising any risks, but seriously, what is the risk, scale of 1-10 of this project getting approval or not, 10 years from now when production being considered, and if a big risk, what is that doing to the SP today? Be it mining, tech, SaaS, traditional start up, execution risk is one of the top 3 or 4 considerations that PE, VC, non-bank finance considers when reviewing investment. I feel this is a good investment, hence long, but no news, Canada and USA 40-50% reduction in GHG, rates going up (both bad for gold and reducing of NPV in a PEA), geological risk (missed holes, reduced grade), finance risk, how big of a headwind are we facing? If we are the type to say "there's no risk, that's all poppycock" we have closed minds, no?
Comment by
StockAudit on Apr 23, 2021 12:53pm
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Comment by
alpha74 on Apr 23, 2021 1:17pm
No, he didn't. He only wants to unsettle and spread negative sentiment... But he will not succeed !
Comment by
GoldmemberBC on Apr 23, 2021 2:18pm
How ironic that we were talking about these risks just the other day and then this, lol. Social license and enviro are huge risks to this and any other large emitting project in this country, to think otherwise is folly.
Comment by
StockAudit on Apr 23, 2021 3:20pm
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Comment by
GoldmemberBC on Apr 23, 2021 4:38pm
No actually the circle jerk crew here (you included) appear to have limited knowledge in my estimation. Keep the name calling and accusations coming to anyone who who dare say anything negative about this stock you pump, looks good on you.
Comment by
StockAudit on Apr 23, 2021 4:51pm
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Comment by
Bentbutnotbroke on Apr 23, 2021 8:56pm
I hope these noise makers got a day job.....cause they sure ain't going to make any loot trying to scare out the longs......just look at the volume when it trades sideways (well below the three month average)....been in this sucker for a good long time and still feel the show is yet to start. LOL
Comment by
GoldmemberBC on Apr 24, 2021 3:00pm
How is posting an article regarding a mine being closed down in BC this week "frivolous, hypothetical garbage" as it relates to T.C? You're probably the type that needs to build your own rocket ship to confirm that the earth is indeed flat. You guys are hilarious...
Comment by
fordster on Apr 24, 2021 3:41pm
GM....I'm asking so respectfully- don't escalate this and make this space a useless area of info. 99% of us are people who have researched this out and know what we're into. We have no doubts. We're secure with our choice in today's global economic environment and what the real estate has to offer.
Comment by
LonghandStrong on Apr 25, 2021 6:01pm
Do you not keep a percentage of your PF in companies that are anti-fragile to black swan events? This is while when 1/2 the country is on the CERB and a keyboard warrior that I got a new dock and boat lift.