OTCQX:GTBAF - Post by User
Comment by
Goaweighon Sep 03, 2020 2:46pm
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Post# 31505079
RE:RE:RE:RE:RE:Never have I seen this before...
RE:RE:RE:RE:RE:Never have I seen this before...Gold Eagle had an estimated 6,000,000 Oz. and was taken out by Gold Corp for $ 1.5 Billion or $ 250 an Oz.
Gold was significantly lower back then.
Hopefully the link to the article works but if not google Gold Eagle takover, plenty of stuff lying around.
I've analysed this to death and posted details about 10 times now but SH is no longer archieving old posts so this is the best I can do.
Gold Eagle Takeover Malpeque2 wrote: PGM is maybe not the fairest comparison as it is a brownfield redevelopment effort with 1st production scheduled for late 2020. You would have to discount 3-4 years of timeline on GBR NPV to get a fair comparison.
PGM has a rebuilt mill that is going to operate in late 2020.