Tuesday, June 21, 2022 12:44:18 PM
FUGAZI!!!
Before a project becomes an ACTIVE mine, SEVERAL technical studies must be completed in order to determine the viability of the project.
The first of these is the
preliminary economic assessment (PEA),
then with pre-feasibility (PFS)
and the most complete and critical is the feasibility studies (FS)
All of these studies analyze and assess the same geological, engineering, and economic factors; however, they include significantly different levels of detail and precision the last being the most critical.
from this link
https://www.smallcapinvestor.ca/post/a-guide-to-pea-s-and-feasibility-studies
NEWS FLASH: THIS IS NOT AN ACTIVE MINE as has been broadcast to be on this posting forum
Due Diligence is done with OBJECTIVITY...everyone should try it...even "COCKEYED OPTIMISTS"
Toss those overripe Chiquitas Clandestino CEO (Cheat Every One) and GIDDY UP!!!
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