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Probably on the Sprott website somewhere! I'm sure there are lots of people interested in PDI - but who knows what price they are willing to pay... Charts below are very interesting and give some historical context to gold acquisitions.

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I think there is an interesting paradox here. These juniors want to grow the resource, but if you're growing it at depth then you're also growing the cost per unit. If the cost per unit gets too high, then the big boys probably aren't interested in paying a big premium.

It would take 5 minute to plug some cost estimates into the computer with their ore resource and work out a rudimentary NPV/AISC/Schedule/Production Rates. I'm sure PDI has done this - if the numbers were looking great - they would have pushed out a scoping study by now (in my view). It's hard to visualize the deposit, but sections like this below are a worry. First few years would be great. But after that my feeling is that at some stage the stripping of waste becomes a rather large problem or 'hole' and you need to go underground - which then gets complicated and expensive. That red section has a lot of waste to mine before hitting ore.

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<blockquote data-quote="The Triangle" data-source="post: 1211587" data-attributes="member: 66908">Probably on the Sprott website somewhere!&nbsp; I&#039;m sure there are lots of people interested in PDI - but who knows what price they are willing to pay...&nbsp; Charts below are very interesting and give some historical context to gold acquisitions.&nbsp;&nbsp; [ATTACH=full]152448[/ATTACH][ATTACH=full]152450[/ATTACH]I think there is an interesting paradox here.&nbsp; These juniors want to grow the resource, but if you&#039;re growing it at depth then you&#039;re also growing the cost per unit.&nbsp; If the cost per unit gets too high, then the big boys probably aren&#039;t interested in paying a big premium.&nbsp; It would take 5 minute to plug some cost estimates into the computer with their ore resource and work out a rudimentary NPV/AISC/Schedule/Production Rates.&nbsp; I&#039;m sure PDI has done this - if the numbers were looking great - they would have pushed out a scoping study by now (in my view).&nbsp;&nbsp; It&#039;s hard to visualize the deposit, but sections like this below are a worry.&nbsp;&nbsp; First few years would be great.&nbsp; But after that my feeling is that at some stage the stripping of waste becomes a rather large problem or &#039;hole&#039; and you need to go underground - which then gets complicated and expensive.&nbsp; That red section has a lot of waste to mine before hitting ore.&nbsp; [ATTACH=full]152446[/ATTACH]</blockquote>

[QUOTE="The Triangle, post: 1211587, member: 66908"] Probably on the Sprott website somewhere! I'm sure there are lots of people interested in PDI - but who knows what price they are willing to pay... Charts below are very interesting and give some historical context to gold acquisitions. [ATTACH type="full"]152448[/ATTACH] [ATTACH type="full"]152450[/ATTACH] I think there is an interesting paradox here. These juniors want to grow the resource, but if you're growing it at depth then you're also growing the cost per unit. If the cost per unit gets too high, then the big boys probably aren't interested in paying a big premium. It would take 5 minute to plug some cost estimates into the computer with their ore resource and work out a rudimentary NPV/AISC/Schedule/Production Rates. I'm sure PDI has done this - if the numbers were looking great - they would have pushed out a scoping study by now (in my view). It's hard to visualize the deposit, but sections like this below are a worry. First few years would be great. But after that my feeling is that at some stage the stripping of waste becomes a rather large problem or 'hole' and you need to go underground - which then gets complicated and expensive. That red section has a lot of waste to mine before hitting ore. [ATTACH type="full"]152446[/ATTACH] [/QUOTE]

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