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AlwaysOptimistic

10/06/18 8:33 PM

#42227 RE: PutzMueler #42226

I agree. Ma's being realistic accepting that its not business as usual with Chiba while being practical looking for opportunity in the current trade war.

Chinas been moving 200 mph unchecked for the last 20+ years: devaluing their currency, buying up raw materials worldwide, dumping product worldwide with a trade surplus while restricting imports. Its been very one sided becaise the West waa either sleeping or felt they had to give up power to China as a developing country.

Regarding our mine or raw materials in general around the globe, he who owns the mineral rights can either produce the finished products themselves at a discount and set their own price on the retail/wholesale market or sell the minerals for a premium to manufacturers either domestic or foreign and set their own price.

tedro84

10/06/18 8:55 PM

#42228 RE: PutzMueler #42226

At the current share count, 80.00 equates to an 18 billion dollar company, which is greater than the total revenues over the entire life of mine, as assumed in the FS. That doesn’t even count the necessary dilution to secure financing. Please show how you arrive at such a conclusion so as not to misinform potential investors lurking this board.

Correction: I realize you may be speaking in CAD, so that would be about $60 USD and put the valuation just a bit under total revenues over LOM. The prediction is still preposterous and I ask how you arrive at such a conclusion.

GrowthMindset

10/06/18 9:04 PM

#42229 RE: PutzMueler #42226

Seeing what Mark has done recently and in the past it is very easy to dream big. He has a great team and the ability to grasp what is needed to get a share price to extreme heights.

The endless hours by management and by us dissecting their every move will soon become reality.