GREY:ABGFF - Post by User
Comment by
rotten2coreon Jul 24, 2013 4:47am
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Post# 21626480
RE:Not so bad...
RE:Not so bad...It's also worth noting that BZA is currently trading at less than 20% of its NPV ($51M, after tax, discounted at 5%, using extremely conservative gold price of $962/oz). I mean 20%??!!??!!
Using $1400/oz gold, BZA is trading at less than 10% its NPV!
This is a gold producer we're talking about! Not only is it a gold producer, but due to Copperstone's high grade, and favorable metallurgy, they are an extremely low cost producer.
$415/oz cash production cost and a TOTAL PRODUCTION COST of $624/oz
and trading at between 10-20% its NPV...
IMO as far as investing in the gold sector goes, his is as close to a sure thing as it gets