Will make this my last brickbat/bouquet whichever way you want to look at it...there's a subtle change in wording of the D&D preso compared to previous ho-hum ones.
Mt Monger is now referred to AS a Gold Camp instead of just asking the question "Can Mt Monger become a gold camp?"
According to the company, Mt Monger (produced 1.7 Moz, Res's/Res 3.6Moz and no doubt more will be drilled out IMO) can now be compared to:
Kalgoorlie's Golden Mile (produced 56Moz, Res's/Res 12Moz),
Coolgardie (produced 4Moz, Res's/Res 2Moz) and
St Ives (produced 11Moz, Res's/Res 5Moz).
Reasoning behind this assumption is that the Mt Monger region is now unified under Silver Lake ownership after being fragmented for 100 years.
Sounds good and I should be excited! Why aren't I?
PP probably missed seeing this point through the bottom of his glass.
SLR Price at posting:
47.5¢ Sentiment: Hold Disclosure: Held
