Precious and Base Metal Investing Message Board

STOCKTALK

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 : Precious and Base Metal Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Claude Cormier who wrote (2859)	4/2/2002 8:01:03 PM
From: ogi	Read Replies (1) of 39344

Yes Claude the metallurgy may prove problematic but it is far too early to quantify the impact of increased extraction costs. Furthermore, I think the market will overlook this in favour of the 3.6 million. It is a credible report and to me it means that, although 3.6 is a preliminary stretch, there is still huge potential in future drilling with 20 holes coming shortly and the certainty there will be many more to follow them. Those anticipated results also create the possibility that sheer rich numbers could overwhelm any concern for the metallurgy, either in reality or in the market perception. In short, this has lots of room to run before we worry about the economics Rio Tinto will be facing. I have a stop loss in place but my best guess is I will be raising it as we go along. Regards, Ogi

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next