Avion Gold Corp AVGCF

RE: RE: RetiringYoung

[Bobwins]

Small cap producers.  I like producers or near term producers also.
I recently added TMM.v.  They are an open pit, low grade gold play in Mexico.  My napkin math show 90K oz for 2010 at ~$450/oz cash cost.  = cashflow of 58.5million at $1100 gold or .41.  10X .41 = $4.10 or triple today's price of 1.34
Used to own LMA.to. Sold because of upcoming turmoil in Sudan.  Elections in April will cause fighting and referendum in 2011 for South to secede with their oil revs will cause civil war again.  
CGA.to is set to produce 200K oz in 2010.  Has several million oz in resource and could double that thru exporation nearby.  Also has W African prospects.  Est $440 cash cost = 112million cashflow divided by 289million FD shares=$.40 cashflow X 10 = $4 or double current share price.  
OGC.to produces 300K oz in New Zealand.  Has terrible hedges that will restrict eps in 2010 but end this year.  2011 will show dramatic increases in eps.  How many 300K producers are there.  OGC will become a multi bagger in 2011-12.
Obviously like AVR.v and see about a triple here based on current numbers.