Marathon Gold Corp T.MOZ

1.20 X .6146 = .73752

[someday2]

Deadly !!

[nozzpack]

There is no way that such a low grade stockwork pit can generate profitable cash flows sufficient to pay off over $544 million in debt in 5 years. Thats why the IRR is so skinny. Any sustained drop in the POG and this deal is toast..

[geezer21]

Only problem with your theory is that Marathon pits are high grade and the recovery rate is high.

[tannin]

deadly !!.......if you assume that MOZ gets taken under..... Also, 1.20 now, if 1.00 next month, big challenge to get deal approval. Caliber not a writeoff anyway, primary production location highly problematic, however, a few more years of cash thrown off from production there and invested elsewhere, and far less concerned.

[someday2]

In this case I meant deadly as a newfie term for accurate.

[tannin]

oops.....gotta brush up my newfie.......