RE:RE:Extremely low cost ounces It does not cost much and it is not worth anything ...
In consideration of the quantity of mineral resources in the indicated category; the level of its cash flow and its geographic location, this company should trade between 10 and 14 cents. At this price, the level of risk is reasonable.
Its resources located in the oxidized zone are calculated with a cut-off of 0.2 g / t, which greatly improves the results. An average 0.5 g / t cut-off for the oxide, transition and fresh rock zone would be a more fair value.
For the moment, nothing indicates that it could become a mine ...