Replies to post #80 on Fool's Gold

[Spanky227]

It will absolutely effect NBRI.
However they will be a low cost producer and not a high cost. So instead of a 95% haircut they will get a 50% haircut.

NBRI is and has been about 2015-2020. Gold will be much higher in 18-24 months which is about the same time NBRI will be ramped up to full capacity.

[Spanky227]

You are the one who brought it up.

[jstorm]

LOL I would love to see NBRI cheerleaders show me those technical reports claiming $550/ounce all in costs. I would shred those docs to pieces... NBRI is focused on being able to say they are a producer, nothing more. They will figure out if the mine can make money later i.e. recipe for disaster!