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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: marcos who wrote (57403)3/9/2008 8:48:05 AM
From: tyc:>  Read Replies (2) | Respond to of 78408
 
More on-topic hype from me.

It was I who mentioned my NGD impressions from the PDAC. I also mentioned Terrane, which became my first choice. I note your posting to Swampy that someday scalping will prove costly. I also note EC's comment, "We need one CDN junyah with a resource that gets a pos fease on its stuff".

It seems to me that TRX fits both bills; its Feasibility study is imminent. Its webpage gives details of a PEA that tells us what to expect.

I have have said in the past that no stock is cheaper than MR in enterprise value. If you count in its share of El Morro reserves including the gold equivalent of its copper, I think it works out at ~$35 per ounce. But TRX's Mt Milligan is even cheaper. A chart on TRX's webpage shows an EV of only $25 per ounce (Au Equiv),

The big draw back is that it is in B.C., but that doesn't deter me in my quest for my Swampy 100 bagger.

Message 24374104