TSXV:NORA.H - Post by User
Post by
coffintraderon Aug 17, 2011 4:33pm
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Post# 18953223
La Preciosa Economics
La Preciosa EconomicsWe should soon find out more on the economics of this project. These numbers below are low balled bigtime. Silver is now $40 bucks an ounce and could see $75 dollars or higher in the not too distant future.You can pretty much double these numbers below in my opinion which would give Orko a double from current price levels for a bigger fish like Pan American to swallow them up to boost silver reserves. After-tax net present value at a 5-per-cent discount rate of $315-million (assuming prices of $25.00 per ounce silver and $1,250 per ounce gold);