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Arizona Gold & Silver Inc V.AZS

Alternate Symbol(s):  AZASF

Arizona Gold & Silver Inc. is a Canada-based company junior exploration company focused on exploring gold-silver properties in western Arizona and Nevada. The Company owns Philadelphia property, Silverton Gold project, and Sycamore Canyon project. The Philadelphia Property is a high-grade gold and silver vein target located in Mohave County, northwestern Arizona and is comprised of 30 claims. The Silverton Gold Project is a Carlin-type gold exploration property located in Nye County, Nevada. The property is near the old Silverton Mine property located about 100 kilometers northeast of Tonopah, Nevada, and consists of 77 unpatented lode mining claims totaling approximately 1860 acres. The Sycamore Canyon property is located in southern Graham County, Arizona, approximately 20 miles northeast of the town of Willcox. The core of the property consists of 10 unpatented lode mining claims on United States (US) Forest Service administered public lands.


TSXV:AZS - Post by User

Comment by 99942Apophison Dec 02, 2024 1:36pm
44 Views
Post# 36341109

RE:RE:RE:RE:Re Oh my

RE:RE:RE:RE:Re Oh myThanks for giving me such a mind boggling question on what value can be placed on the Red Hill  discovery!  70 MM estimated tons of gold bearing rock at as you say would  increase by 1,129,032 per 1/2g  for current guesstimate of 2 gpt = 4.516M  oz X $300 est. per oz (in ground)  only gives you a value of $1.3548B now we should divide that by a projected AZS share count of 150M you end up with .9032 cents a share without a ratio multiplier. That multiplier could be 6 and higher. 
Accuracy of my calculation is in doubt mainly because my old brain doesn't work as well as to when I was younger, however  if we end up with lower or higher  gpt then simple math would adjust these figures. 
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