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Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Post by sailor8on Dec 07, 2020 10:52am
165 Views
Post# 32049102

"Seabridge adds 26 million oz gold to KSM" story

"Seabridge adds 26 million oz gold to KSM" story Bought for a joke price of 120 mill. USD plus bearly legal only 1.5 % NSR. 

The story is written by "North of 60".  Remember: 
It are our (Pretium shareholders) 26 million ounces of gold...!

Check out :

https://www.miningnewsnorth.com/story/2020/12/11/news/seabridge-adds-26-million-oz-gold-to-ksm/6568.html

I guess after deduction of incomes from copper and silver "byproduct" the AISC production costs per ounce of Snowfield gold will be somewhere around 300 - 400 USD per ounce.

Just calculate actual 1,860 USD per ounce selling price minus  400 USD per ounce AISC  = 1,460 USD net income per ounce times 26 million ounces...

Thoughts about future gold selling prices in some years are up to everybody.
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