GREY:VITFF - Post by User
Comment by
BrahmaViddoon Dec 28, 2011 11:00pm
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Post# 19355860
RE: RE: Price of goldfor BFS
RE: RE: Price of goldfor BFS Im sure the base case price will be $1200/oz
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The total amount of gold in the ground would never change (it was deposited millions of years ago amd hasnt moved)..
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However, the total MINEABLE resource could increase by lowering the cut-off grade, to say 0.35g/t
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The NPV and IRR will also increase nicely..
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VIT is developing an awesome project.