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Gold/Mining/Energy : Silver Bull Resources, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: FreedomForAll who wrote (5062)	10/4/2013 9:30:49 PM
From: LoneClone	1 Recommendation Recommended By bigb Respond to of 5637

I've read hundreds, maybe thousands, of these things over the years. (Why did they switch from being called 'scoping studies' to being called 'PEAs' anyway.) In my experience there are actually two types of PEAs: the ones oriented toward luring investors; and the ones aimed at the bankers. (Some companies try to do both, which usually doesn't work.) You can tell which is which by the metals prices, cutoffs, and discount rates they use. If I was a trader I would prefer the former approach as those are more designed to produce a short term pop in the share price, but I am more of an investor so PEAs designed to impress the bankers and raise the money to build a mine matter more to me. Hence I am not impressed by companies that are more interested in luring in traders (who if they aren't careful end up being investors in this case).. LC