American Bonanza Gold Corp ABGFF

Valuation

[BGraham]

Does anyone have any share price projections based on future earnings or cash flows?

What is an appropriate earnings or cash flow multiple for a company like BZA?

BG

[dr_airtime]

I've put a couple posts up in the past couple weeks - before BZA came in play though and started to move. I think 3X back-of-the-envelope cash flow is a fair valuation floor and we'll go higher. See link below where I've searched for a company to benchmark against with Claude resources coming up as best comparable. A lot of traders in this stock now, so anything could happen. A lot

[BGraham]

dr airtime;Thanks for the link to you previous post.Gold at new nominal high of about 1921 as I type!BG

[materialsgirl]

Dr AirtimeWhen I looked around I concluded that I could not find any comparable;small cap, one mine, within months of production, circa 50,000 ounces per year, fully funded, no debt or royalty deals with the streamers.*****Claude has been around for a while and currently has extremely high costs as you identified.****** What I did is identify companies with one mine and production of a bit over

[dr_airtime]

As I said in my Claude resources comparison - there are no direct comparables to BZA out there. Claude only comes close if you strip out their advanced exploration deposits @ $100 per M&I ounce, as they are farly high grade underground mine ~6-7 g/t with similar level of P&P reserves as BZA. Based on this Claude was trading at 3.2X back-of-the-envelope cash flow using spot gold. This