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 : Winspear Resources
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: EIGHT-N who wrote (22592)7/7/1999 11:51:00 AM
From: Confluence  Read Replies (1) of 26850
 
Hello Eight-N,

I agree completely!

The way to get the stock price higher, assuming the CF and bulk sample results come in without disappointing, is to pull the ore out as fast as possible. With the huge tonnage potential, increasing the upfront costs of building the infrastructure may lead to a quicker payback, and that is what will attract the dough to finance the project.

Unfortunately, Ekati has plenty of ore for the next many years, and it would seem unlikely that they would divert from their development plan to process somebody else's stuff. The interesting potential here is that the Diavik (Aber) plants have not been etched in stone. Too bad WSP and ABZ don't seem to get along, but maybe all this JV "disagreement" is part of a negotiating ploy?

Its too bad Snap Lake isn't easily accessible, otherwise it would probably be in production already.

Regards,

Confluence
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News