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Golden Arrow Resources Corp V.GRG

Alternate Symbol(s):  GARWF

Golden Arrow Resources Corporation is a mining exploration company. The Company is exploring the advanced San Pietro Cu-Au-Co project in Chile, and a portfolio that includes more than 125,000 hectares of prospective properties in Argentina. Its projects include Caballos, Don Bosco, Mogote, Potrerillos, Yanso, San Pietro and Rosales. The Caballos Copper-Gold Project is located in La Rioja province, in the Andean Cordillera, with elevations ranging from 4,000 m to 4,500 m above sea level. The Don Bosco Copper-Gold Project totals approximately 4,300 hectares of exploration licenses covering five distinct target areas in western La Rioja Province, Argentina. The Mogote project is located 350 kilometers (km) northwest of San Juan City, San Juan province, Argentina and adjoins the international border between Chile and Argentina. Its Rosales Project includes 3444 hectares of 100% held mineral claims. The Yanso gold project in eastern San Juan Province, Argentina.


TSXV:GRG - Post by User

Bullboard Posts
Comment by traxbywebon Feb 13, 2009 8:48am
214 Views
Post# 15776504

RE: RE: RE: +.05 to .28.. whatza cook'n?

RE: RE: RE: +.05 to .28.. whatza cook'n?Production numbers are right from website, not sure where you got the cash costs.   I can't see the costs being that high.   The NSR is based on costs lower then the total costs.   I would expect the cost to figure out the NSR value is  much less.     You could see a net based on 250 cost(my best guess) and 940 gold, works out to net 690 an ounce.   Approx 1.4 million US.  or about 1.7 CDN.    If everything goes well youmay get 2million CDN for 2010.    My estimates were for approx 1.2 million US to 1.4US in 2010 and beyond at 940 gold.   No idea on what cost per ounce will be used to determine the NSR, maybe your 390 is right but Yamana does not mine gold at high costs not there model.  390 plus smelter costs would take this much higher.    My biggest concern is management.   Share holders got screwed with the last PP it was a money grab.   There was no cash concerns at the time and to do a PP at the bottom of the market is terrible management.    Now will they just drill away and manage away the NSR funds, time will tell but unfortunately I am leaning more to the bad management side at this time until I see something to change my mind.
Bullboard Posts