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08:50
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Originally posted by tretchikoff:
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Its interesting that Zeff suggests we look at another developing gold explorer/miner in Chile when looking for something relevant to compare TSO to.
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With a mc of 170mil I think it's important to note that yes they have 5 moz but as per fs only 3.7moz is included in the feasibil component, and in regards to the heap leaching they are using the near surface higher grade ore wich is 1.8 moz of which only 1.2moz (75%) is recoverable by leaching. At 1500 u.s pog gives them 440 mil in the bank after 15 year l.o.m... def a great way to get off the ground and look forward to how they progress and cross the hurdles and milestones they face.
