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potential size, page-25

  1. 27,324 Posts.
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    its certainly head line grabbing, and thats what excites a portion of the market, but the first thing i do, is ask, how far apart are their drill intersections,

    have they found a small pod of high quality, or is there a larger body.

    interesting that it seems discrete on the shear zones, lending to the first thought.

    It all comes back to how much for the capex, and payback period, and how many years post return of capitol is there for the back pocket. So, you need a sizable deposit, to make it a many years story.

    And then there are the political hurdles.
 
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