OTCPK:MRQUF - Post by User
Comment by
factRbeston Jan 26, 2018 3:53pm
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Post# 27443866
RE:factRbest - MY LIES addressed below
RE:factRbest - MY LIES addressed belowAs quoted from the PEA and posted previously if you want the link go find my post.
Ya I know the BS that comes next.
CONCLUSIONS
The Project base case scenario consists of technical and cost assumptions outlined in
this report. The PEA indicates negative results with pre-tax IRR and NPV (8%) of 7%
and negative C$32 million respectively, at a long-term gold price of US$1,300/oz Au.
For comparison, at current gold price of US$1,600/oz Au, the pre-tax IRR and NPV (8%)
would be 14% and C$197 million respectively.
SO WHAT IS THE GOLD PRICE TO DAY IN UNITED STATES DOLLARS???????
2012 long term price they used 1300. 4 years later they were almost spot on.
NEGATIVE MEANS BAD