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Message: Re: Stange buy/sells

May 01, 2012 03:39PM

May 01, 2012 04:06PM

May 01, 2012 09:15PM

May 02, 2012 09:02AM
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May 02, 2012 09:10AM

Tibber,

So, the latest PEA was based on gold at $1200. Why? I believe that the POG at the time was over $1800. Did they use a percentage of the then current price? or a standard that the industry as a whole uses?

Why not use $1225? The result would make us look better!! or $1275 or $1325?

Obviously, the more they can legitimately stretch the base price of gold , the better the project looks and the better the investor reaction

I doubt they just picked a figure that just sounded good ?

If the PEA was announced today would they simply use the same POG as they did before?

Rico

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