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Southern Arc Minerals Inc V.SA.H

Alternate Symbol(s):  SARMF

Southern Arc Minerals Inc. is a Canada-based company. The Company is primarily engaged in the project generation and investments in mineral resource companies with a focus on gold and copper-gold. The Company operates through the acquisition and exploration of resource properties and investments segment. The Company has not generated any revenue.


TSXV:SA.H - Post by User

Bullboard Posts
Comment by harmony305on Nov 28, 2012 2:33pm
158 Views
Post# 20656234

RE: a copy of Way Linggo

RE: a copy of Way Linggo

Tsrimuang,

Help me out here.

200,000 oz of gold.......say over 10 years

That is 20,000 oz......say selling price $1,500 per oz

Production costs.....say $500 per oz.

Say that leaves $20,000,000 before interest and depr. or roughly 20 cents/share.

Please correct my numbers and assumptions and then translate the "20 cents/share" into a share price in today's market.

Anybody else feel free to chime in.

I don't mind saying it but I have no experience with goldminers since the 1980th.

Bullboard Posts