Hey, you remember back four or five years ago, when these scam merchant explorecos would publish a Wow! Wow! PEA and the share price would zoom as a result? No matter that the projects pumped turned out to be total pieces of shit, it’s the market!
Well, today we had one of those flashback moments when Trimetals Mining (TMI.v), up to recently known as South American Silver and infamous as the people who royally screwed everyone except themselves at Mallku Khota (shareholders, locals), give us a PEA on its Gold Springs thing in Nevada/Utah with a 57.5% IRR.
Bless em. It’s conceptual, you know.