GMM 0.00% 65.5¢ general mining corporation limited

Strachan upgrades Mt Cattlin, page-5

  1. 6,849 Posts.
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    Isn't it interesting that Mt Cattlin is at $323 million and James Bay is only $25 million.

    James Bay is way better than Mt Cattlin with just one minor/miner thing... No plant.

    If it ends up costing the same as Mt Cattlin at $145 million to build then it is worth $170 million. (but then of course there is more value because it can actually make some money)

    Mt Cattlin and James Bay together then divide by 2 is $174 million.
 
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