Golden Arrow Resources Corp V.GRG

Alternate Symbol(s): GARWF

Metals & Mining Industrial Metals & Minerals

Golden Arrow Resources Corporation is a mining exploration company. The Company is exploring the advanced San Pietro Cu-Au-Co project in Chile, and a portfolio that includes more than 125,000 hectares of prospective properties in Argentina. Its projects include Caballos, Don Bosco, Mogote, Potrerillos, Yanso, San Pietro and Rosales. The Caballos Copper-Gold Project is located in La Rioja province, in the Andean Cordillera, with elevations ranging from 4,000 m to 4,500 m above sea level. The Don Bosco Copper-Gold Project totals approximately 4,300 hectares of exploration licenses covering five distinct target areas in western La Rioja Province, Argentina. The Mogote project is located 350 kilometers (km) northwest of San Juan City, San Juan province, Argentina and adjoins the international border between Chile and Argentina. Its Rosales Project includes 3444 hectares of 100% held mineral claims. The Yanso gold project in eastern San Juan Province, Argentina.

TSXV:GRG - Post by User

Golden Arrow Resources Corp

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Post by Wallstreet1112on Mar 31, 2017 2:50pm

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Post# 26059906

So GRG will soon be banking cash

We should get about 21+ MUSD in operating cash flow at these prices.

We will on top of that get our share of Pirquitas earnings for the last year or so?

We are drilling Antofalla.

So we have a fully diluted market cap of about 70 MUSD.

Subtract our cash and the cash from Pirquitas. Lets just say 15 MUSD.

That gives an enterprise value of 55 MUSD.

EV/Op. Cash Flow = 2.6

Crude calculations but you get the point. Low cost operations.

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