Post by
analysethis9 on Feb 04, 2015 6:54pm
taylor
The Taylor project will be a game changer for this company. They have little or no royalties and can replace high royalty oz with the Taylor oz. If they can replace a 10% royalty oz with a 1 or 2% royalty oz it adds $120./oz in profit per oz. Their reserves keep going up faster than their mining production. That in itself is a gem in the small gold producers . With no debt the bottom line is cash up and capex from depletion cash flow. A RARE BUY
Comment by
analysethis9 on Feb 04, 2015 7:02pm
Based on the 43-101 most of the ore is subject to 1% nsr to Franco-Nevada . That works out to $16.00 Canadian per oz . vs holt over $160.00 oz