Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

PMI GOLD CORPORATION PMVGF



GREY:PMVGF - Post by User

Post by OracleOfOttawaon Jan 12, 2012 5:21pm
428 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...

<< Previous
Bullboard Posts
Next >>