PINL:HLOSF - Post by User
Comment by
ama21968on Nov 04, 2010 10:33pm
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Post# 17661616
Lost and Cold worth $$$
Lost and Cold worth $$$Based on New N43-101:
Cold & Lost ------------- only Indicated and open pit #
Copper 33.8 Million lbs; ---- 33.8 * 2 $/lb = $ 66.8 Million
Zinc: 86.8 Million lbs ; ----- 86.8 * 0.75$/lb =$ 65.1 Million
Gold 28726 Ozs; ------ 28726 Ozs * 300$/Oz = $ 8.61 Million
Silver 616300 Ozs ------ 616300 Ozs * 13$/Oz =$ 8 Million
----------TOTAL : 148.5 Miilion $$$$$$$ ( JUST Indicated and open pit # )
67.5% HBM, 32.5% HLO JV:
148.5 Million *32.5%=$$$$$$ 48 Million $$$$$$$$
Now! the value at COLD & LOST is here; remember :
this is on 32.5% JV basis; copper is 2$; zinc 0.75$; Gold 300$; Silver; 13$
IS THAT FAIR?????
Fully diluted 23 Million O/S; with $ 48 Million at COLD & LOST----
HLO worth 2 $/share
Anything else ---- FREE!!!! JUNGLE ? FREE!!
BOB?? ---FREE!!! GOLD CORP JV --- FREE!!!
Is that fair??