TSX:SGR.UN - Post by User
Comment by
paljoeyon Feb 03, 2009 12:06pm
443 Views
Post# 15748282
RE: RE: Resource Calculations
RE: RE: Resource CalculationsCheck out V.CSG at $0.51. It has 2.8 million oz of gold , produces 30,000 oz now which will double to 60,000 oz in Q2 at a cash cost of just $370 /oz . Excellent balance sheet and only 75 m shares.
A new research report gives it a cash flow valuation of $2.86 at current POG (
https://www.researchfrc.com/research/pdf/CSG/CSG%20Update%20Jan%202009%20v2.pdf