Abcourt Value in the groundCan anybody ever imagine the value of Abcourt in comparison to MCAP.
I have done a quick calculation and have not included all Abcourt properties.
My calculations tells me that for a big part of Abcourt properties the value in the ground comes up to
$3.5Billions compared to a MCAP of less than $30m .
Aldermac has a value of $513m (copper,zinc, AG)
Abcourt Barvue and Vendome has a value of $1247m .
Elder,Tagami of $370m .
Sleeping Giant,Flordin,Discovery of $1412m
All that in measurerd and indicated cathegory.
I might have made a few errors in calculation because i do not have all the updated info.
Aldermac (copper zinc ag) could be a big profit opportunity ($513m ) value in the ground..
Barvue ,Vendome could also be very profitable at $1247m value in the ground.
And all those properties were past producers and still have infrastructures.
MCap value at less than 1% of resources in the ground.
If ever a profit of 10% could be achieved the MCAP could be above $300m .
Just dreaming again.
Fernand
| | Tonnes | Cu % and price $5.41 pound ca | Zn% at $1.53 ca | Ag oz $33.70 ca | Au oz at $2900 oz ca | $ per T total ca | Mine value in the ground in millions ca |
| Aldermac | | 1.54 | 3.38 | 0.6 | | | $513m |
| $ value per T | 1770000T | 166.62 | 103.42 | 20.22 | | $290 | |
| | | | | | | | |
| Elder Tagami | 638083T | | | | 0.20 oz | $580 | $370m |
| | | | | | | | |
| Barvue | | | 2.83 | 1.62 | | | $1138m |
| $ value per T | 8074162T | | 86.6 | 54.59 | | $141 | |
| Vendome | | 0.63 | 7.5 | 1.87 | | | $109m |
| $ value per T | 712222T | 68.16 | 22.95 | 63.02 | | $154 | |
| Barvue + vendome | | | | | | | $1247m |
| | | | | | | | |
| Sleeping Giant | 175000oz | | | | $2,900 | | $507m |
| Flordin | 134500oz | | | | $2,900 | | $390m |
| Discovery | 177700oz | | | | $2,900 | | $515m |
| SG Flordin discovery | | | | | | | $1412m |
| | | | | | | | |
| Total value of resources in the ground for partial of co | | | | | | | $3,542m |
| MCAP | | | | | | | $30m |