RE: KTN - Stock Price vs Metal Value Per ShareOne other thing Guy (JAG for short lol) once KTN results and expanded 43-01 comes in there will be no stopping this. I will continue to add at these levels as funds free up as I am long all the way here. GLTU and thanks for the great posts. ----------Original Message Posted 11/27/2010---------- Great post Guy: I once said I would tell you my number 1 choice once I was satisfied with holdings:no1. BFD no2. KTN no3. a surprise TRM. I had to downgrade OEI due to tardy news delivery and shortened position. ----------Original Message Posted 11/27/2010 9:35:03 AM----------
KTN - Stock Price vs Metal Value Per Share
Promontorio's Pit Discovery Zone - NI 43-101 Resource Estimate (August 18, 2010, excl. gold)
Indicated Mineral Resources:
- Ag: 8.9 million oz
- Pb: 99.3 million lb
- Zn: 110.8 million lb
Inferred Mineral Resources:
- Ag: 1.17 million oz
- Pb: 13.4 million lb
- Zn: 14.3 million lb
Promontorio's Pit Discovery Zone - Metal Value Per Share
- Ag: 10,070,000 oz x $27.43/oz = $276,220,100
- Pb: 112,700,000 lb x $1.0269/lb = $115,731,630
- Zn: 125,100,000 lb x $.9607/lb = $120,183,570
Total Metal Value = $512,135,300
Metal Value Per Share = $512,135,300 / 37,276,600 = $13.74
The current stock price ($.76) reflects 5.5% at the most of the currentmetal value per share, and reflects only a fraction of the resource thatKootenay is hoping to outline in the near future. Read:
Kootenay Gold - Targeting 100+ Million Ounces of Silver in Mexico
https://uk-analyst.com/shop/page-advice/action-advertorial.show/id-130008848
With Drill Rigs Now Turning, Kootenay Hopes To Triple The ResourceAt The Promontorio Silver Project In Mexico In Double-Quick Time
https://www.minesite.com/nc/minews/singlenews/article/kootenay-hopes-to-triple-the-resource-at-the-promontorio-silver-project-in-mexico-in-double-quick-ti/1160.html
Guy