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

Tinka Resources Ltd V.TK

Alternate Symbol(s):  TKRFF

Tinka Resources Limited is a Canada-based exploration and development company with its flagship property, Ayawilca Zinc-Silver-tin project, located 200 kilometers (km) northeast of Lima, in the Pasco region of central Peru. The Ayawilca Zinc-Silver project is located 40 km northwest of the Cerro de Pasco mine (copper-zinc-lead-silver), and 100 km south of the giant Antamina mine (copper-zinc). It owns 460 square kilometers (km2) of contiguous mining concessions in central Peru with geological potential. The Company has identified three separate mineral deposits at the Ayawilca project: Ayawilca Zinc Zone (sulphide), Colqui Silver Zone (oxide) and Tin Zone (sulphide). The Colqui Silver Zone is located 1.5 km north of the Ayawilca Zinc Zone. The Company’s Silvia Project consists of 29,500 hectares of contiguous mining concessions. The project lies approximately 80 km south and along strike of Antamina.


TSXV:TK - Post by User

Bullboard Posts
Comment by Detonator66on Apr 16, 2013 10:47am
169 Views
Post# 21258739

RE: Help

RE: Help

35 million ozs. of silver at $21.50 per ounce and a 5% discount rate = DNPV (discounted net present value) of $2.22 per TK share (assuming 80mm shares o/s). Discount it by half due to poor market conditions leaves you $1.11 per share fair value. If you accept those assumptions, the monster Ayawilca and her massive sulphides are a gift. Tough markets but assets are assets and there are five majors within 100 km of Colquipulcro sniffing around the gateposts.

TK is a $3-5 stock this year IMO but do your own DD and always listen to internet chatrooms because they are infinitely better as an advisory service than the local bar or country club.

Bullboard Posts