Re: PRB 24 Aug 2016 Corp Presentation
in response to
by
posted on
Aug 31, 2016 11:04AM
GH
Yes, true!! With this go around it's a lot different ....Borden was one place and they found high grade later on. When PRB combined both high grade and low gread the mine had excellent potential.
This is different. PRB has gold at
What's interesting about Detour is they can let it simmer...as PRB is the operator and SOQUEM has to finance the program. PRB might throw some additional resources to drill a few more on site. This might be more cost effective as MOBE and DEMOBE costs are substantial in the area.
In addition to this they might sink a drill on Porcupine west. A million ounces plus is the start of decent mine with high grade.
I suspect 1.40 is the right price for now....Dave P will get from Drillbit to Coreshack to Lab quickly ....we will see something 5-6 weeks from now.
Detour maybe a little longer ....logisitc of drilling in Swamp.
It's all good.
I have time
CT