mmgg - hi Frankly, no way could lack of water stop the show, imho ... cost of water will likely end up high by british columbian standards, but they'll get what they need if they have to call up Coca-Cola for delivery in pint bottles ... as a portion of cash cost per pound, the price will just be an interesting bit of trivia ... people seem to be concerned with water, so that concern is itself the reality imho, and they're dealing with it so that's fine ... permitting of water rights can take time, so it's wise of them to proceed while working on other aspects of the feas ... most if not all companies have to go through this, two i recall clearly were Corner Bay and Alamos
Maybe there's a flaw in the Metalline story, if so i'd very much appreciate it if somebody could point it out ... meantime i see it pretty much as do jackjc and Mr A
My quandary in re mmgg is only indirect - by buying it the way i did i ended up effectively short the usd, and remain so, because i never yet called the broker to made the exchange from E to F accounts [for non-canucks, those are the cdn and usd account designations, the brokers tend to let you keep cash on one side and use it as credit on the other, saves you from cambio loss on each trade] ... the position is my largest and will be held at least well into spring, so the question is, when is the best time to cover the usd debit? ... or, should i just leave it alone ... the difference in interest, between what they pay on the cdn and what they charge on the usd, is around five per cent, if memory serves .... should i be paying five per cent to hold a short on usd in terms of cdn? -
stockcharts.com
stockcharts.com
... at this point, i'm thinking yes definitely, at least for a couple of months ... shoulda changed the whole wad and more [you can do that, go short the other way] on the first of september, doh |
