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Gold/Mining/Energy : Copper Fox

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From: louel4/15/2020 1:31:39 PM
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Canada Grant
Iread yoour posts some times on AG And respect your open mindedness allowing yourself to consider both the positive and negative freely. It is nice to see people who view reality rather than pictures painted on hope.

Hope is like hunting rabits and only finding tracks. Tracks make pretty thin soup.
That said I do believe Shaft creek has value under proper conditions. I read the report made up on Galore Creek by some writer. The information presented was so far out of date and present cost projections it was like reading a paid Basher The tunnel has been redesigned, tailing facility errors corrected no longer water problems. lower cost to better mill location increased reserves. If you flew up over the last year Galore was a floury of activity. one of my better friends from Smithers BC transports some crews bosses and executives from airport to Bob Quin helicopter pad by vehicle . A long drive In consequent conversations he has along the way with people along the way he suggests Newmont is encouraged in proceeding much further as the potential for creating a many cycle operation does present it'self with so many resources being explored right on the border of Galore Creeks milling facility and others are 20 Km or less away easy haul distance. Shaft Creek for one Romios another Jackson is working a former Teck property almost abutting the future mill should it prove up. without permitting, road and mill building costs Shaft creek would vastly increase it's IRR actual ROI is what business is about. spent more at Galore in two years as was spent at Shaft creek in the last 8. still at least 2 years out to see any kind of confirming action I would think. Teck does not have to tie up funds to hold S/C they already have control. and ES or EE does not appear to be excited abou bucking the current trend. Elmer is getting paid and Ernesto is financially comfortable, not desperate
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