Hello Valuepro and MTWALLET:
First, my thanks to Valuepro's comments -- I couldn't have said it better! As they say "Stick to SUF, and you go places -- mostly north instead of south..." If you want to shoot crap, roll a small dice with SPQ. Keep the large bills for SUF!
BTW, don't lose sleep over the M1 issue. Without SUF the heirs have very little -- M1 has a relatively short lifespan, presents an expensive proposition for them to build a processing plant if current negotiations end, and they have no water. Maybe a phantom company did put in a bid for M1?! The heirs clearly need SUF's (money or plant or both) participation and goodwill in this thing, if they're to make a buck!... SUF has many other excellent projects going on ... Camafouca, Angolan alluvial, Munn Lake, M2-3-4 and the fissures/blows at Klipspringer where they are tripping over new finds almost weekly. All of these are void of any nuisance-type claims!
In other words, Valuepro's evaluation is excellent! Go for it! |
