GREY:PTQMF - Post by User
Post by
Yellowline1on Oct 30, 2010 6:41am
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Post# 17634792
Further
FurtherOk I've been searching all night for comparable valuations, found some interesting prospects but nothing quite measures up imo. Here's a list
https://www.kitco.com/ind/matlack/oct112010_juniors.html. Our market cap at close on Friday is 105 000 000 and we are currently producing at 82 k onces a years (cost aprox 600$). FWIW I'm projecting we exit 2011 at 150k onces a year with lower cash costs and yes I know DB gets a smal chunk but ridding ourselves of the debt was worth it! Plus... the crazy buying out of Germany suggest that the buds of the bank executives that crunched the numbers like PTQ as well so I'm not alone.
Off to bed have a great weekend