Wednesday, August 03, 2011 10:33:18 AM
I'm not saying BCSP could/would satisfy all world demand, but if you put 2 of the biggest mines in the world into full production and they're next door neighbors:
1) It would affect price as supply would significantly go up.
2) I think it's evident that Ron Thiessen doesn't want both properties fully developed at the same time.
No single mine will completely satisfy global demand, but 2 mines of the potential size that we have in the BCSP caldera will certainly increase supply significantly, which will drive prices down, or hold them back a bit. Even if they don't affect price aversely, I think NAK/HDI is of the perspective that they don't want to develop both mines at the same time.
Again, jmho
1) It would affect price as supply would significantly go up.
2) I think it's evident that Ron Thiessen doesn't want both properties fully developed at the same time.
No single mine will completely satisfy global demand, but 2 mines of the potential size that we have in the BCSP caldera will certainly increase supply significantly, which will drive prices down, or hold them back a bit. Even if they don't affect price aversely, I think NAK/HDI is of the perspective that they don't want to develop both mines at the same time.
Again, jmho
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