OTCQX:NTGSF - Post by User
Comment by
easycoderon Apr 27, 2020 11:57am
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Post# 30957822
RE:RE:RE:Increased Offering
RE:RE:RE:Increased Offering
If the 250,000 oz ends up with $1,000 profit every oz, over 5 years 50,000 oz a year for sake of argument - think Bill was talking about 3 or 4 years. Not sure. Anyway 5 yrs is $50m a year USD or 33c a share earnings less debt service etc. However we won't see a dividend as they'll sink it into new drilling for the whole resource and get the SP up instead. Either way if it is executed properly (mmm, I truly hope the COO gets to use his experience there) and the o/s shares stay around 150m or 160m we got to be looking at $3 a share minimum. Just the excitement of 3Aces in 2016 drove the stock to $1.90 CAD..
Just hope the feasibility study is not a disappointment..