OTCPK:PGMFF - Post by User
Post by
shawshank2on May 15, 2020 1:49pm
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Post# 31034724
Company valuation
Company valuationAm i missing something here with these pumpers??? This is taken from their website. I am just trying to have honest convo with pumpers. "The high-grade and low-capex nature of the PureGold Red Lake Mine is highly levered to gold price: at US$1,500/oz. the after-tax NPV5% is C$390 million with an after-tax IRR of 51%.1" Does this not mean we are fully valued right now with current market cap?? Please dont reply with potential reserves or pog going higher. Production isnt until close to cmas so unless you have a crystal ball about pog in december we are fully valued here.