Camrova Resources Inc V.CAV.H

RE: Gold Newsletter Recommendation

[junior_miner]

Lundin acknowledged that the deposit could support much larger operation years to come. NPV/Market cap goes through the roof if doubled the production at year 10 (they could do it anytime when in production). I'm using even more modest metal prices than in the base case, and the multiple would be about 5 in that scenario. Greeneggs, It is unsurpassed combination to have large deposit and low cash costs. No matter which angle you view it. I don't believe in that large dilution, They do not need to raise the whole sum, because some of it is for expansion after year 5. And I believe they are going for hedging, since the management has show great interest in preserving shareholder value.