GREY:CATXF - Post by User
Post by
zadom1on Jan 20, 2012 5:58pm
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Post# 19429580
Good numbers
Good numbers Nice NR today.. Another quick evaluation. Norsemont was bought out last year for
.13/pound of copper in the ground, I think it worked out to $335 million
Using that same math our deposit is worth 3 billion/
.13 = $390 million @ 40% = $156 million
about 6-7 times the current market cap. Norsemont had Moly of 2 million pounds a year but we have gold & silver credits.
I only see positive things on the horizon. Long and strong and adding more every day:)