Good call on DML and great fortune, Frank! Let's hope you can turn those $$ into some educated bucks here w/ ACA (okay, luck is still a factor!)!
Congrats
Re. the eventualization of a mine-- I like your prediction! And who knows how many more pipes will have been found by then, much less their appraised value.
Re. ABZ -You're right, Aber offers real value in terms of $$/pipe, but they do have some huge hoops and hurdles to jump before they can think about production. Hopefully Rio Tinto can get the job done... For ex., getting permission to drain any lakes (ergo, diverting rivers) up there for mining could prove challenging, as well as the passage of any activity that might affect the ultra-protected permafrost --could lead to delays into the possible years. That's more environmentalist country up there-- years behind Alberta w/ regard to environmental red-tape, where this has been forged mostly by the petroleum industry (not that I'm not for the environment, pragmatically).
Again more support for the exploring/ developing advantage of northern (and southern!) Alberta, much less the fact that scores of line-cutting and infrastructure are already established. The oil/gas cos. have layed the yellow-brick road! {There will be issues tho, I'm sure}
ATB,
-j
:>
PS, I do agree that Aber is a good buy! |
