RE:RE:RE:RE:Copper on a tear
Ave. Daily price in 2014 was 3.10 Higher prices obviously add to Xtierra's bottom line and to potential suitors. I beleive the market is severely discounting Xtierra for the disputed Capstone royalty and to some degree rightfully so. But Mr. Market is out to lunch on the valuation on the assets in the ground with commodity prices on the rise due more to a worthless US IOU which intrinsic value as all fiat is 0. History tells you all fiat will return to their mean at some point 0. The disputed royalty will be resolved one way or the other but it does not change recoverable assets in the ground. My math tells me Xtierra has over 500B over 8 yr. mine life@current prices on in ground assets. Capital costs to construct the mine of 100M. Xtierra has acquired all permits ..feasibility studies on the holes they have drilled and have invested close to 30M Bottom Line ...Xtierra SP is a complete joke. JMO G/L