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Tinka Resources Ltd V.TK

Alternate Symbol(s):  TKRFF

Tinka Resources Limited is a Canada-based exploration and development company. The Company is engaged in the acquisition and exploration of mineral properties located in Peru. The Company’s flagship property is 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). Its Silvia Project consists of 16 granted concessions for 10,906 hectares, located in the Department of Huanuco in central Peru. The project lies approximately 80 km south and along strike of Antamina. The Company has also granted with two mining concessions totaling 1,200 hectares, namely Pampahuasi Property. The Colquipucro silver Zone is located 1.5 km north of the Ayawilca Zinc Zone.


TSXV:TK - Post by User

Bullboard Posts
Post by TITOOOon Feb 11, 2017 7:29pm
366 Views
Post# 25833188

10 to 20 times the current value !!!

10 to 20 times the current value !!!If the Ayawilca deposit could achieve a 4,000 ton per day mining operation (1.44 million tons per year) with zinc prices at $3,000 per ton (say, in 2020) and a 30%+ free cash flow yield, the operation could produce $100+ million per year in free cash flow. This is assuming annual zinc equivalent production of around 100,000 tons, which is achievable based on the currently defined grades of zinc, silver, and indium in the zinc zones. Such a result would likely lead to a market capitalization that is 10 to 20 times the current value, depending upon how hot the broader resource market is at the time.
Bullboard Posts