James, think you've just made a very common mistake though. You just valued Tahera shares based on only 1 of over 15 diamondiferous pipes. They have many properties, and just because they only started expanding construction on the Jericho mine last month, for full production in under 12 months, that property is just a spec on Tahera's property map.
Just a way to self sustain more exploration or mines IMO.
Also, you compared Tahera's Jericho mine to MPV's mine? I wasn't aware MPV had a 'mine' yet?
Last I looked on the ice road, there was no turn off at Kennedy Lake (or does MPV have lots of other potential mine properties like Tahera?) I stand to be corrected, as you obviously have done a lot more DD on MPV than I.
Finally, if you look on the NWB or NIRB gov't website, you'll notice Tahera has started environmental impact studies on the Anuri and Polar areas, counting fish and caribou, and plants, measuring water flow, etc. which, please correct me if I'm wrong, is the next step to building another mine.
After all, you never hear about an exploration or mining company starting those unless they're serious about building a mine (or another mine in Tahera's case!)
Anyway, the biggest thing I love about Tahera is that they take the bull by the horns, and do it (AND ARE DOING IT) 100% on their own, instead of sitting back and waiting for a sugar daddy to do everything for them. A sign of a true major player in my opinion!
And as an addendum, they too, like MPV have Muskox and Voyageur, and Rush, and Peregrin, etc. with Debeers and if those prove out over $1 Billion, Tahera get's 30% and Debeers will build the mine. (Muskox already is larger than Jericho, and has at least 1/2 C/T according to preliminary testing)
There is also the Tiffany's agreement Tahera got on thier own, the Rio Tinto agreement around Ranch Lake, and the Strongbow agreement just announced.
Please, I'm not bashing your choice, just pointing out why I think Tahera is often mis-judged, and why I think they'll become the next MAJOR player, not just stay a junior like so many others. |
