GREY:VITFF - Post by User
Comment by
HoneyBadger77on Apr 06, 2024 5:28pm
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Post# 35975096
RE:Seems kegman has had one too many kegs dropped on his
RE:Seems kegman has had one too many kegs dropped on hisSince you were probably drunk@noon and had no time to do some homework before you decided to spout off at Kegman, let me help you since you are clearly either too lazzy to read or too stupid to comprehend.
Here's the link to the latest (Apr 10, 2023 Technical Report
For the Eagle Gold Mine)
Victoria Gold Corp. | Technical Reports (vgcx.com) Hint 1: Go to the
Table 22-3 Summary of Eagle Gold Mine Economic Results on PagesPage 22-6 to 22-7 and there you wil find a Summary of the Economic Results and and that the
AISC is US $1,114
Now since you're clearly either drunk or not that bright, let me help explain to you that the numbers in the summary are 'estimated' costs based on costs at the time the report was prepared. Again, let me simplify this for you a bit more because you were probably drunk@noon and won't understand. When I was a young boy in 1965 a bottle of pop cost .15 cents and that same bottle of pop today costs $1.00 (or far more depending where you buy it). That's called Inflation drunk@noon and I'm sure even you can figure out that your booze costs more than it did 3 years ago.
Hint 2: Now go to Table 22-7 Cash Flow Model on Page 22-10 (PDF page 287) and go to the 2024 year column. In the first category titled 'Economic Assumptions' you will see that the the assumption are based on a US$1,700 gold price and a .75 cent CAD dollar. Now if you still haven't passed out from your druken stuper, look down the columns and learn something for a change!
Hint 3: Now scroll up just a bit to Table 22-5 After-Tax NPV5% Sensitivity to Gold Price and FX Rate (C$ M) on Page 22-8 (PDF page 285) and see what the estimated NPV for Victoria Gold (Eagle Project only) is at a US $2,300 and US $2,400 gold price, instead of the US $1,700 used for this Technical Report.
Hint 4: Now using the After Tax NPV at US $2,300 gold and a CAD $.75 cent dollar that's a NPV of CAD $1,719,000,000 (that's billions in case you never got past math class). Now take CAD $1,719,000,000 and divide that by the approximately 66,500,000 outstanding VG shares today and that equates to a share price of CAD $26.92 (NOT $8.01 a share that we closed at yesterday). At US $2,400 gold the NPV is CAD $1,846,000,000 which is CAD $27.76 a share.
Conclusion: You may be drunk@noon but you can't possibly be as stupid as you're letting on so my guess is you just suddenly appeared on the this Bullboard because after this latest little run up you're hoping there's enough dummies here that will fall for your fear mongering and feed into your shorting of this stock strategy by selling you their cheap shares. How about you go and get drunk and leave the serious investing to those that know how to see a Basher a mile off and how to sort through the important stuff, instead of trying to demean Kegman by saying he wears a dress (what are you 12?)
I sincerely hope this info helps others out there that are seriously long on this stock and aren't shy to do a little research on their own instead of listening to the Basher fools that are sure to show up now that VG share price is ripping higher.
My opinion only, DYODD (if you can stay sober long enough...what a stupid Bullboard name drunk@noon ...brilliant....sheesh).
HB77