Well TJ, God doesn't forbid that I am sitting on a massive paper...

Well TJ, God doesn't forbid that I am sitting on a massive paper loss and I am OK with that in this case.

And wasn't gloating, simply pointing out the harsh realities of an established producer mining lower grades in the current environment. And VERY UNFORTUNATELY many of them will struggle to survive in their current form unless the POG reverses course quickly.

Conversely, IDC has brighter economic prospects IMO, even if the POG remains in the doldrums for sometime to come.

Your question relating to IDC haemorraghing I suppose could be answered with a YES. But IMO only in the sense of the current SP / peoples emotions / lack of understanding / general perception in the marketplace.

Myself, prefer to use logic and the irrefutable laws of mathematics when evaluating project economics before making an investment decision.

Completely understand though if you don't agree.