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Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Bullboard Posts
Comment by RockyFelleron Mar 11, 2015 8:36pm
336 Views
Post# 23511832

RE:RE:Potential size of Brucjack

RE:RE:Potential size of BrucjackThanks VOKBLVR. I just checked out the site and was quite impressed with what I read. Please correct me if I'm wrong, but for Brucejack it appears M&I ozs. of  8.7 million plus 4.9 million inferred? Looks like over 50 million ozs. of silver? But at Snowfield it states over 25 million ozs. of gold plus 3 billion lbs. of copper, plus silver and molybdenum, etc.

Am I reading that right? If so isn't that a total of about $50 billion (give or take a few billion) in gross mineral vaue?? and a market cap of about $800 million?? If so, isn't this way undervalued with still room to grow the size of the resources?? Or am I missing something or not reading it right. Wouldn't be the first time, haha!
Bullboard Posts