Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Tara Gold Resources Corp TRGD



GREY:TRGD - Post by User

Bullboard Posts
Comment by Bobwinson Jan 15, 2010 1:45pm
257 Views
Post# 16684313

RE: Another calculation I find interesting

RE: Another calculation I find interestingThe numbers from the PR would lead to cashflow of 1.2million /month, not net earnings.  Net earnings include overhead for administration, depletion, amortization, stock options expenses, etc.  The multiples for cashflow vs earnings are lower.  Also base metal producers get a much lower multiple than gold producers.  So the percentage of gold production could have an impact on market valuation down the road, depending on the % of gold/silver production vs lead/zinc.
Still waiting for actual revs.  What are they doing with the production from 240tpd?  Are they stockpiling it?  Are they selling it?   How long have they been producing?  Months?  What are they doing with the concentrate?  Why can't they sell it?  
Bullboard Posts