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Orca Gold Inc CANWF

Orca Gold Inc is engaged in the acquisition, exploration, and development of mineral properties in Africa. The company's mineral properties and exploration and project investigation costs are in Sudan, Cote d'Ivoire, and Burkina Faso. The company's project includes Block 14 Gold Project located in Sudan.


OTCPK:CANWF - Post by User

Post by fearlessggg1962on Feb 01, 2022 5:05pm
250 Views
Post# 34387030

Wow!!

Wow!! Wow! Do i need to pinch myself??

Please correct me if I am wrong here. I believe the NPV of this mine is around  $728,000,000 at $1700 per gold oz.

If I am right, the value of the mine is $728,000,000 divide that value by the amount of outstanding shares of 260,000,000 equals $2.80 per share. Please slap me silly if I am wrong or if I am off in La,la land!! 

So let's assume I am wrong and you go back to Sept 14, 2020 NPV of $607,000,000 divided by 260,000,000 equals $2.33 per shares. Now the new shareholder Perseus mining will want a sweet deal for their shareholders and buy the whole thing for $2 because they will know the exact value and its probably worth a lot more then $728,000,000.

So the price per share of $2 should be acheived by December 2023 and the return on investment should be around 306% or a simple Annual ROI of 162%.

Regards,

Fearlessgg
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