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PMI GOLD CORPORATION PMVGF



GREY:PMVGF - Post by User

Post by OracleOfOttawaon Jan 12, 2012 5:21pm
426 Views
Post# 19398523

Even more fun...

Even more fun...

How about this? Let's assume that gold averages 1690 per year for 2014 - 2023...

It costs us 690 to get it out of the ground, and we are going to pull out 200K ounces a year..

so that is a 200 million ! dollar cash flow a year for the next ten years.

There are roughly 200M shares out there (i know, there is more but this makes it easy math :)

So we are going to throw off $1 per share of cash for ten years...

that makes us worth at least $10 a share, and this is only considering ONE of our properties...

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