PRX 0.00% 0.2¢ prodigy gold nl

more determined than ever to hold, page-7

  1. 14,432 Posts.
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    Many stocks have large low grade resources which would benefit from a higher POG.
    Many have those ounces scattered over multiple deposits often too far apart to use the same plant.
    Buccaneer is a very large deposit with most of the ounces contained in a single large potential pit design with low strip ratio and bulk open pit mining offering economies of scale.
    It may prove economic at $1,600 gold let alone $2,000-2,400 gold.
 
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