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Gold Springs Resource Corp. T.GRC

Alternate Symbol(s):  GRCAF

Gold Springs Resource Corp. formerly known as, TriMetals Mining Inc. is a growth-focused gold exploration company creating value through the exploration and development of the Gold Springs project in Nevada and Utah, U.S.A. Management has extensive experience in global exploration and the mining industry.


TSX:GRC - Post by User

Bullboard Posts
Comment by NaturalCurrencyon Sep 23, 2018 7:18pm
76 Views
Post# 28674357

RE:RE:RE:RE:RE:Sept 22nd presentation

RE:RE:RE:RE:RE:Sept 22nd presentationSD, original claim was $307M. With interest at 6% for 6 years, it becomes $435M. If we get full award (well nigh impossible), that translates to $1.94 per TMI.B (52% of award comes to B, and we have 117M shared o/s), and with a 25% "negotiation" discount, around $1.5 per TMI.B. Jimdines has catalogued three comps, and one third is very likely. So repeating the math, that would be $0.65 award or $0.5 assuming 25% lost in settlement...
Bullboard Posts