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Arizona Sonoran Copper Company Inc T.ASCU

Alternate Symbol(s):  ASCUF

Arizona Sonoran Copper Company Inc. is a copper exploration and development company, which is focused on the assessment, consolidation, exploration, development and eventual mining in the Santa Cruz Copper Mining District in southern Arizona. The Company holds 100% ownership comprised of private land and a state land lease which is referred to as Cactus East and Cactus West (the Cactus Project) and the Parks/Salyer Property (collectively with Cactus Project and Stockpile Project, the Project) in Pinal County, Arizona. The 100%-owned Project is a porphyry copper project located on private land, near the city of Casa Grande, Arizona, United States. The Cactus Project is comprised of three deposits and one waste dump. The Project covers approximately 5,720 acres (with the remainder of the land package covering additional exploration properties). Its properties also include LKY/Copper Mountain Investments Limited Partnership LLP (LKY) Property and Mainspring Property.


TSX:ASCU - Post by User

Comment by metalhead666on Feb 24, 2024 12:39pm
102 Views
Post# 35897211

RE:RE:RE:RE:RE:RE:RE:Another multi bagger target...

RE:RE:RE:RE:RE:RE:RE:Another multi bagger target...600k gold equivilent ounces at AISC of $700...steady state.  If gold is 2300 or 2500 or 3000 in 3 years the math on this is insane. Free cash flow goes up by a minimum 5x at current gold price.  These guys fixed a disaster and have beaten guidance doing so for 5 straight quarters.  They know what they're doing.  This is a 2 year hold or so. There won't be any big catalysts so short term moves will be muted. It's all about value and what this company will be valued at going from under 400k ounces to 600k ounces and cutting the all in sustaining cost by half!  My bet is that this outcome is predictable and largely overlooked.  In 2 years time NGD should be head of the class in profitability and the stock a multibagger with significantly less risk than any developer
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