Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: aknahow who wrote (18154)	8/14/2006 3:13:35 AM
From: jackjc	Read Replies (1) of 78409

UBS and others have short term and long term estimates that represent industry thinking. A mine has to work for 10-15 yrs and long term prices will be used by banks for capex. The long term estimates have been slowly moving up. Have to use the banks estimates, as the feaseability is really a bank feaseability as it is their money. If a jr can do all equity, then it could be done by what investors are willing to believe.

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