Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum Channel Resources Ltd V.CHU

TSXV:CHU - Post Discussion

Channel Resources Ltd > CHU now at $9,3 / Ounce
View:
Post by Aton on Jul 22, 2012 4:24pm

CHU now at $9,3 / Ounce

Channel got 425.000 ounces + 729.000 inferred => 1,154,000  Total and m-cap $10,74 million = $9,3 / Ounce

If we compare with Volta a neighbour in Burkina Faso they got 4,029,000 ounces and an Inferred Resources of 1,000,000 ounces and a m-cap of 100 million, that gives $20/ounce.

Orezone also neighbour, 127 million m-cap and 1,6 million oz gold and 1,9 million inferred, gives $36/ounce

Semafo (neighbour but also producer ), 1,1 million + 1,7 million inferred m-cap 1350 million, gives $484/ounce (idon´t use this one for my calc)

Riverstone 2,7 million ounce and m-cap of 52 million, gives $20/ounce.

So for CHU with 1,1 million we can expect approx 100% rise from
,10 today..

Comment by Curvature on Nov 22, 2012 1:46pm
This post has been removed in accordance with Community Policy
Comment by Curvature on Nov 22, 2012 1:50pm
This post has been removed in accordance with Community Policy
Comment by Curvature on Nov 22, 2012 2:22pm
This post has been removed in accordance with Community Policy
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities