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Esperanza Resources Corp V.EPZ



TSXV:EPZ - Post by User

Comment by Teatimenowon Apr 19, 2010 8:19am
620 Views
Post# 17005803

RE: RE: i`m in: 93m with 1.8g/T

RE: RE: i`m in: 93m with 1.8g/Twell i`d say this is more than just "not bad", expands the mineralised zone and shows higher overall grade. i don`t think the GS story will effect the gold  exploration sector that much since other players are active there. all serios projects show good NPV/IRR at much lower gold prices. EZP`s NPV for Cerro Jumil should be around 160 at current gold price , only based on previos drilling. 


in terms of Paulson / Goldprice /GS story: i think the goldprice has very limited downside potential. even if Paulson would have to sell a significant amount, who really cares. You remember Eric sprott wanted to buy the 190Tonnes of IWF Gold. Well the IWF said "no" we only deal with states etc.. Maybe sprott shoud ask paulson  now *lol* ---so there are big guys on the sideline and tzhey`ll buy physical metal when it becomes avialible. i don`t care about the cartells paper games, one day they`ll be finished. Peak Gold & Inflation - a perfect storm...
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