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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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From: LoneClone2/21/2022 3:48:53 PM
1 Recommendation

Recommended By
onepath

   of 78405
 
The IKN newsletter surprised me with a small speculative buy of CKG shares. The accompanying write-up brought me up to date in a number of ways, but since it is a paid publication, I will just mention two: 1) the latest PEA does include a significant drop in the formerly outlandish capex, now down to under $400M (which is still a lot); and CKG is now a bet on an unproven technology brought along by the new CEO which is supposed to be able to turn the sulphides into oxides, meaning no need for a very expensive autoclave.

I stand corrected, but am still not ready to buy any myself.

Oh, and IKN tells of a new presentation made by MAI's head honcho Doug Ramshaw where he says Cerro de Oror will definitely be the next mine they develop. It hasn't shown up on MAI's website yet.

LC
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