Golden Predator Mining Corp. NTGSF

RE:RE:GPY - Brewery Creek - Hypothesis - NPV - Gold $1,450 V1.1

[easycoder]

dollardaze and sixbottle, does it change your analysis if the current plan for GPY as outlined by Janet S is executed for real? The scenario would be to raise $35m US to get the mine ready to process the 125K oz Au that they can extract from the heap leach pads. That starts next Spring assuming they raise the capital and takes 2-3 years total. They use the 125K oz Au to pay back the $35m and build out the rest of the mine for the remaining phases, emerging debt free. That's the plan. I still have 300,000 shares having sold 100,000 or so recently (I acquired those for 12c way back).  I don't trust management much but who knows, hopefully they can actually execute this time rather than blow smoke and show folded pieces of paper to illustrate 3 Aces gold location theory.  I guess you see break even at $1450 AU US. That seems high to me but you've done some calculations  whereas I have been talking numbers floated by Bill S.