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Northern Empire Resources Corp. PSPGF

Metals & Mining Gold
"Northern Empire Resources Corp is Canadian gold exploration and development company focused on an emerging gold district in southern Nevada. Its principal business is the acquisition and exploration of properties for the mining of precious and base metals. The company owns an interest in Sterling Gold Project and Crown Gold Project."


OTCPK:PSPGF - Post by User

Northern Empire Resources Corp.
Bullboard Posts
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Post by RMC12345on Feb 04, 2006 3:56pm
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Post# 10312268

The BFS is quite conservative

The BFS is quite conservativeIt uses the following prices for the various metals of concern: Copper: US$1.40/lb in 2007 declining to 1.10 in 2011. Present price: US $2.02 Lead: US $0.34/lb Present price: US $0.57 Zinc: US $0.58 declining to $0.55 Present price: US $1.02 Silver: US $ 6.00/oz Present price: $9.71/oz Gold: US $350/oz Present price: US $571/oz Further: Both mining recoveries and milling recoveries are being low-balled. The prospects of underpromising and overdelivering appear to be evident here.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities