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 : Precious and Base Metal Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Amark$p who wrote (32048)11/4/2004 6:22:22 AM
From: russwinter  Read Replies (2) of 39344
 
It's really a copper mine isn't it? They say Cu cost with gold as credit is only 22 cents, but over a billion capex. The main question would be permitting and construction time. They'd have to move and process a lot of material at that grade. Might take a half a decade to get done in Alaska? One to follow, but you are absolutely right about the Hunter Dickinson dilution element.

Interesting point about ANO. Do you think they are just bundling it, doing what they do best, exploration, and will then just sell it to a major without more dilution? Issuing shares, warrants, and options on this one at this price would be a travesity, but prepare for it with this HD outfit. On a little history on HD, Jackj and I organized a little shareholder stink a few years ago at their GBN annual in Vancouver, when they showed up at the last minute with about a 15% of float option program for insiders. It was to no avail.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext