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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

Bullboard Posts
Comment by bowmacwoodon Sep 24, 2012 10:41pm
146 Views
Post# 20409256

RE: RE: RE: RE: Guys help me with my math

RE: RE: RE: RE: Guys help me with my math

Good post Nvesstor.   NUX is interesting because Tagish Lake already has a lot of of infrastructure in place.  We know the mill is pretty much toast but there are roads and tunnels already in place.   Only NUX management really knows if they can get a mine going here.    The obvious downside is that NUX is having issues with the government and no one seems too excited about anything with Tagish Lake.  The upside is that NUX has lots of cash, is buying shares, is backed by SVM who have provend they can get the job done.  I agree with your statement that NUX is prety fairly valued at this point.

Bullboard Posts