New Pacific Metals Corp. T.NUAG

Alternate Symbol(s): NEWP

New Pacific Metals Corp. is a Canada-based exploration and development company, which is focused on three precious metal projects in Bolivia. The Company’s project includes Silver Sand Project, Silverstrike Project and Carangas Project. The Company’s flagship Silver Sand Project is located 35 kilometers (km) northeast of the Cerro Rico silver and base metal mineral system near Potosi in southwest Bolivia. The 5.42 square kilometers (km2) property sits in the Eastern Cordillera at an elevation of 4,050 meters above sea level. The Carangas Project is located about 180 km to the west of the city of Oruro, Bolivia. The project is comprised of three Exploration Licenses (Granville I, Granville II and Colapso) for a total area of 40.75 square kilometers and is accessible via the paved Highway 12 and a municipally maintained 30 km gravel road. The Silverstrike Project is located approximately 140 km southwest of La Paz, Bolivia, or about 450 km northwest of its Silver Sand Project.

TSX:NUAG - Post by User

New Pacific Metals Corp.

Bullboard Posts

Post by Havingfunyeton Sep 22, 2012 8:50am

228 Views

Post# 20399320

Guys help me with my math

Financials out.

-NUX has $30 M in cash

-63 million shares out.

= .50 a share just in cash (roughly)

= .11 a share or $6 Million, for their Gold Mine in the Yukon, which is worth 10's of $Millions to 100's of $Millions, albeit still in the ground but proven.

Where am I screwing up?

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