To: the Chief who wrote (1339 ) 2/27/2016 8:37:36 PM From: LearntoTrade 4 RecommendationsRecommended By Edwinder12 hoperrs jiggydo klondikekid
Respond to of 1871 Good work Mr. Chief. Very well written. I like you, have opinionated here that a larger than 5 to 6 year resource at 1500 tons would put CCB on the map and make believers of those who think it is just a pump and dump. I'm hoping for near 20,000 tons with the stockpiled material, so looking at 10 to 15K in the PEA. As it is said, time is either your best friend or your enemy. Months ago I commented on the VTEM and suggested it is like being lost in the forest with a compass but us jokers were placing large electromagnets near your position. Compass not likely to work too well in our magnetic field. So, you remain lost. I, like you agree to limit the production to ensure reasonable time to expand the resource. What I think is interesting here is that as revenue comes in from marble and graphite, the rate of expansion can be accelerated, thus in the 3rd to 5th year, CCB probably can do upwards 5000/ year. I think this is where the balancing act kicks in to control the OPEX. Someone suggested to just go in for 6 months of the year and do the 5000 tons and be done with it. The second half is devoted to expanding the resource. The challenge with this is employment and garnering support of the community, grants or other items to be considered. I'm pretty confident this needs to run like any other production facility. So, my guess is that on the front side of this they expand the resource quickly in an effort to increase production to lower the cost. I think we are going to be impressed with the PEA. I just hope they provide good details on both graphite and marble. The may also have new graphite pricing. So if they received pricing for nuclear, they could not publish it until PEA. Been there and done that, oops, lol. But $24,000 CDN could be a realistic number, though the $20,000 works in my model for success. I think folks are going to see the light with this. Essentially it has been traded and accumulated for quite a number of months. Don't like seeing mr anon but likely locking in profits. And how do we know some warrants were not exercised and being sold? That is more money in the CCB's account. Tell me Chief, if we clear these low resistances like 40c, what is next? I'm seeing 48 then 56? Care to post a chart?