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Golden Arrow Resources Corp V.GRG

Alternate Symbol(s):  GARWF

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

Bullboard Posts
Post by flyer4on Apr 10, 2017 11:52am
216 Views
Post# 26100742

Valuation

Valuation

Golden Arrow: Silver Mine Play
by Gold Panda

Source: Seeking Alpha
Back in January 2017, I wrote an article regarding three emerging mid-tier primary silver producers. At the end of March, there was a significant development for one of them - Golden Arrow (OTCQB:GARWF). read more »

Valuation

According to Golden Arrow's latest corporate presentation, the company's worth close to CAD 100mn (USD 74.6mn) with upside and exploration potential expected to boost this to over CAD 140mn (USD 104.5mn):

I think it's a fair valuation - not too aggressive nor too conservative. It takes the middle of the range of Pirquitas' 2017 expected output and a 10-year operation at Chinchillas which is easily achievable at current silver prices with some exploration and the addition of the high-grade underground area at Pirquitas. This CAD 100mn (USD 74.6mn) estimate values each Golden Arrow share at around CAD 1.03 (USD 0.77), a pretty nice upside potential from the current USD 0.53 level.

 

Bullboard Posts