STB south boulder mines ltd

just a reminder, page-10

  1. 14,187 Posts.
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    WC/Rebbe,

    Still around, just been spending more time in the mountains (for leisure) out of contact.

    Always found it hard to know what this project might be worth, market has too. Obviously a high risk of not happening, but the people they have attracted to it indicate credibility to me, and the potential to be a world class project. Can't say the same about all the posters it has attracted.

    Not selling, nor buying more, as I simply don't know whether the company is over or under priced ( tend to think the later), as I'd probably just be playing into the hands of the smart money, or feeding some down ramper.

    Wild Bill,

    Your down ramping is is subtle and professional that I don't really know why you bother.

    "..Also capex on Potash processing plant is astronomically high compared to the equivalent in gold processing."

    yeah and compared with a new Toyota Camry too, so what has changed? Your "astronomical" wouldn't put paint on Gorgon or on an iron ore project.

    As for financing, well financing a project an order of magnitude greater than a company's market cap is ALWAYS a challenge, and always an opportunity to see shareholder wealth multi-bag if it goes well.

    Are you looking to buy? Or just down ramping for fun/malice?

    EL
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