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CMC Metals Ltd V.CMB

Alternate Symbol(s):  CMCXF

CMC Metals Ltd. is a Canada-based growth stage exploration company. The Company is focused on opportunities for high grade polymetallic deposits in the Yukon, British Columbia and Newfoundland. Its polymetallic silver-lead-zinc CRD prospects in the Rancheria Silver District include the Silver Hart Deposit and Blue Heaven claims (Yukon), Amy and Silverknife claims (British Columbia). Its polymetallic projects with the potential for copper-silver-gold and other metals include Bridal Veil (central Newfoundland) and Logjam (Yukon). Its flagship property is the Silver Hart property, covering over 116 claims, 2,017 hectares, located in the south-central Yukon. It has an 80 % interest in Blue Heaven Property, which consists of over 121 contiguous mineral claims located in southern Yukon. The Silverknife Property comprises two mineral tenures covering approximately 538.3 hectares. The Amy claims comprising 16 mineral tenures (approximately 908.4 hectares) cover part of the Cassiar Batholith.


TSXV:CMB - Post by User

Bullboard Posts
Comment by babyofbullionon Feb 17, 2014 3:44pm
182 Views
Post# 22217679

RE:What is the value of CMB in a year from producing start?

RE:What is the value of CMB in a year from producing start?
I believe the two thirds Hans is referring to is two thirds of the max they can ship to the mill per month.

Here are my rough calculations..

Gold price per ounce 1500
Cost per ounce 700

Profit per ounce 800 x
Tonnes per Month 2000 x
Months per year 12 x
Grade per tonne 0.5 x
Ownership split 0.5 x
Recovery rate 0.85 x
After royalty 0.95 =
Pre tax Earnings 3,876,000 USD

Silver Hart
Silver price 20 USD
Cost per ounce 10 USD
Bulk sample 4000 tonnes
Grade 100oz per tonne
Total silver 400,000 oz
Pre tax earnings 4,000,000 USD

That would give us annual pre tax earnings greater than our market cap.

DISCLAIMER... I AM NOT AN EXPEET AND THESE NUMBERS ARE PROBABLY WAY OFF!

Please discuss!






Shares outstanding 100,000,000

Bullboard Posts