SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: dara who wrote (40680)2/1/2013 11:06:11 AM
From: ItsAllCyclical  Read Replies (1) of 48092
 
Haven't followed Donlin in quite a while. At this point I don't know if comparables are all that important. The project is just too big to get done in this environment. Sure CKG is around 400 mil, but you have too add initial costs. So min of $5 bil and you don't get your money back for 4-5 years (once in production). Shareholders wouldn't take 400 mil so probably looking more like a min of $5.5 bil. When was the last time a project of this size was accomplished within it's initial budget? If you have lots of patience though seems like it will get developed at some pt, but I would think majors have learned a lesson and will go for low cap ex/high IRR projects first.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News