Sentiment is running high for Thesis Gold (TSXV: TAU) this week, following the release of a positive prefeasibility study for their flagship Lawyers-Ranch project in the Toodoggone mining district of BC.
The study builds on a preliminary economic assessment completed just last year in October. The rising gold environment has played heavily in favor of Thesis here, improving the NPV and internal rate of return, while cutting the estimated payback period. But these two studies aren’t exactly apples to apples for a handful of reasons.
Lets dive in.
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