Outcrop Silver & Gold Corp V.OCG

Alternate Symbol(s): OCGSF

Metals & Mining Industrial Metals & Minerals

Outcrop Silver & Gold Corporation is a Canada-based company focused on exploring precious metals in Colombia. The Company is advancing the Santa Ana high-grade silver deposit with ongoing expansion drilling. The Company is also progressing exploration on three gold projects in Colombia. The 100% owned Santa Ana project comprises over 27,697 hectares (ha), 6,475 ha titled in the northern Tolima Department. The project is located approximately 15 kilometers (km) southeast of the town of Mariquita and 190 km from Bogota. Its Mallama project comprises approximately 9,036 ha of titles located in Narino Department. The property covers a large portion of the Piedrancha district and hosts more than thirty-five mapped and projected epithermal veins. Its Oribella project comprises about 20,000 ha and is located in Antioquia Department within the Middle Cauca Belt metallogenic province. Its Argelia project comprises approximately 4,355 ha of applications located in Antioquia Department.

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Outcrop Silver & Gold Corp

Bullboard Posts

Comment by tayjon80on Nov 18, 2014 11:51pm

245 Views

Post# 23142592

RE:Gold Torrent-Alaska Drilling

So 62k oz...let's say 90% recovery so 55k and assume the $10mln raised gets the ore out in 2-3 years? So $60mln gross and perhaps $600/oz cash operating cost? Leaving $27.5mln? And then GTOC gets it $10mln back leaving $17.5mln and MAD gets 30%...so it is worth $5.2mln to MAD? So worth $0.07/share to MAD undiscounted for the 3 years and with no risk? Upside is exploration risk and not many folk interested in exploration risk in precious metals these days. Perhaps $0.01/share increase is the market being rationale..... I like these guys by the way....

Bullboard Posts

Gold begins to flow at Endeavour's Lafigué mine in Côte d'Ivoire