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 : Copper Fox

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
Underhill69
To: mudguy who wrote (9213)2/9/2015 2:27:59 PM
From: louel1 Recommendation  Read Replies (1) of 10654
 
Something to note. In the CF's BFS they have mine life at 21 years. In this report Teck optimization program is considering a much shorter 12 year LOM. That's a loss of roughly 43% It may suggest the waste rock is nothing more than waste rock or a good portion of the mineral is to deep to be economically accessible.

A direct influence on value. I don't know how anyone could spin that as a positive. From my point of view those 1 and 2 Billion dollar valuations just disintegrated like a glass vase out of a two story window.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext