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 : Golden Triangle -- Ignore unavailable to you. Want to Upgrade?


To: Clark Kent who wrote (312)9/13/2012 4:39:59 PM
From: klinker  Respond to of 493
 
it will take $2000 gold for speculative interest to build in sea... even then the majors have just unilaterally declared that they can't afford to take on multi billion buyout expenditures and multi billion dollar capex costs without having a decent return on their money... one project can tie a majors ash flow up for years and years. It has to be able to payoff..... 11.6% irr at 1330 gold or whatever is not even in the ballpark... for another $320 more metates is showing what a 39% irr... while sea's moves up to the 16% range... which one you going to invest in.. Pretium's high grade is the grass kicker. you did the right thing in my opinion



To: Clark Kent who wrote (312)9/13/2012 9:43:58 PM
From: decky  Read Replies (1) | Respond to of 493
 
I have PVG and CKG
so feeling a little sorry to.
The last few holes from the camp area had high grade gold hits a few days ago for SEA
On the Denver show and tell he said -- stand by for further results
Believe that is why it went up today (SEA)
only own a few