LC posted an interesting FS Analysis. Basically he is saying that the project has "issues" at $1,400 gold, but is workable at $2,000 gold. It's a good read. Although I agree with LC's broad conclusions (but LC's analysis is much more detailed than anything I've done), I'm still concerned how much expenses will increase in an economic environment where the gold price climbs to $2,000/oz. ....because a devalued dollar can increase expenses as much as revenues, but one would still hope the POG would outpace general inflation. I also agree with LC, and other posters on this board who have noted that the FS is a signfiicant improvement over the dreadfull PFS, and Briggs (and an increased POG) deserves some credit.

http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=31386708&l=0&r=0&s=TDC&t=LIST