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Tincorp Metals Inc V.TIN

Alternate Symbol(s):  TINFF

Tincorp Metals Inc. is a Canada-based mineral exploration company focusing on tin projects in Bolivia and a gold project near Whitehorse, Yukon, Canada. The Company's projects include SF Tin Project, Porvenir Project, and Skukum Gold Project. The SF Tin Project covers an area of approximately two square kilometers (km2) in the Potosi department of Bolivia. The Porvenir Sn-Zn-Ag Project is situated in the center of the Bolivian Tin belt, 65 kilometers (km) southeast of the city of Oruro, in the Oruro department. The Skukum Gold Project is located in southern Yukon, Canada, approximately 55 km south of the Territory's capital city, Whitehorse. This project has approximately 170.3 km2 in area consists of 1,051 full or fractional Quartz Mining claims that encompass the Skukum Creek gold-silver deposit, the Goddell gold deposit, and the past-producing Mt. Skukum gold mine. The COmpany's subsidiaries include Whitehorse Gold (Yukon) Corp, Tin Metals Corp., Stannum Metals Corp., and others.


TSXV:TIN - Post by User

Comment by NorthBayBobon Dec 02, 2020 4:46pm
116 Views
Post# 32022656

RE:RE:RE:RE:RE:64M$ of Market Cap????

RE:RE:RE:RE:RE:64M$ of Market Cap????Yes that's a good way to value a company in ballpark terms, especially when no economic study has been released yet as is the case here. Historically I'd use a lower $ per ounce ratio, but as you point out gold is around $1800 so some explorers could trade at higher multiples than they have in the past. There are many factors to consider, but the market has already bid this up to $2.10 today on healthy volumes so clearly there is interest in the stock at these levels. I'm on the sidelines for now but looking forward to drill results.
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