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Gold/Mining/Energy : Copper Fox

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Theotokos

To: Zep70 who wrote (8565)	12/7/2014 10:52:36 AM
From: dsikorsk	1 Recommendation Read Replies (2) of 10654

You could say the same for Galore Creek. What makes you think anything special is going on here? The economics aren't much different/better (especially after the BFS), the EA hasn't even been submitted yet, and Teck has already announced their priorities elsewhere. Galore has been for sale for 3-4+ years already. No takers. None. Zip. Ziltch. Remind me again how we are different. Or even what makes us standout from the rest. Since the BFS came out all I've realized (way too slowly I might add), is that we are a large, low-grade, marginally economic deposit not unlike many others in the golden triangle...in 10-20-50 years when supply dwindles even further, grades drop and prices increase this will be a great mine but not right now... PS - If the BFS were "done right" it wouldn't need optimization...

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