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Strategies & Market Trends : The Ego Forum -- Ignore unavailable to you. Want to Upgrade?


To: LoneClone who wrote (12158)9/18/2014 9:56:48 AM
From: hubris33  Read Replies (1) | Respond to of 12175
 
Thanks for the reply - good trading there!

Wonder if the SR of 6.2 and cut-off grade of 0.5 in the O/P could be a concern? Seems like a model at 1250 POG is pretty close to or underwater to the current POG. Wonder what POG they would need to make those grades attractive? or is this like Malarctic - economies of scale?

Do you think the underground stuff at 5.40 gpt looks pretty good ? Do they have a chance to convert the u/g inferred to indicated and end up with 3M oz, or is reality less than that?.

Cove, now that they own the whole thing, with grades from 9.8 to 10.46 looks good too - they just need more ounces. I see a recent presentation on Cove.

Isn't the bet here to be on Schakus former Prez & COO of AEM.?