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Treasury Metals Inc V.TML

Treasury Metals Inc. is a gold-focused company with assets in Canada. The Company is focused on its 100%-owned Goliath Gold Complex, which consists of Goliath, Goldlund and Miller deposits, which are located in Northwestern Ontario. The Goliath Gold Complex is comprised of approximately 503 mineral claims, 49 patents, five leases and one license of occupation, and the properties cover approximately 34,926 hectares. The Goliath property is located in the Kenora Mining Division in northwestern Ontario, about 20 kilometers east of the City of Dryden and 325 kilometers northwest of the port city Thunder Bay, Ontario, Canada. The Goldlund property covers around 28,289 hectares, and includes two deposits - Goldlund Mine and Miller, which covers portions of the Echo and Pickerel townships in Ontario. The Miller property is a proposed open pit mine. The Company also owns other projects, including the Weebigee-Sandy Lake Gold Project JV, and grassroots gold exploration property Gold Rock.


TSXV:TML - Post by User

Post by andre171on Feb 26, 2023 2:24am
490 Views
Post# 35305579

Any comment on PFS =?

Any comment on PFS =?While essential to TML, the PFS released Wednesday did not elicit any comment on the forums. While compared to last year's PEA, the NPV may seem a little disappointing, it nevertheless shows higher production and an increase in plant capacity, which compensates for the inevitable increase in costs. TML is currently capitalized at 10% of the NPV of gold prices for the past few weeks (+-$1850) and at US$14 per ounce in measured and indicated resources. This seems to me to reflect a clear undervaluation since we often consider very conservative at the PFS stage a % of 55 to 60% of NPV and $50 to $60 per ounce. What do you think ?
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