American Bonanza Gold Corp ABGFF

Interesting observation

[tree73]

At $1800 gold  I obtain a price of $2.76 per share. This I like and this is a 1:1 ratio

    1800*46000*6/180 mill = $2.76   Waiting for blastoff

   Tree

[jlag]

Tree,That is a great observation.  I know there are many on the board that have been patiently waiting along with being frustrated which I can understand but, I don't know if we could ask for better timing in getting a mine back into operation.  

[leojay]

Yep,I'll second that and even if Aliens were to land on Earth shortly,  they'd want to be in on the Gold Fever Mounting ! 

[staolin]

That`s: 1800$/oz 46000oz/year 6 years 180mil shares That's not exactly a good way to calculate net present value. A better way might be found by putting this chart into a spreadsheet: https://www.americanbonanza.com/s/NewsReleases.asp?ReportID=383492 In the high price end after-tax NPV increases constantly by .113 million$ for each dollar gold rises. I don't know

[SeeApenny]

Tree wrote:    At $1800 gold  I obtain a price of $2.76 per share. This I like and this is a 1:1 ratio    1800*46000*6/180 mill = $2.76   Waiting for blastoff Ya you and everybody else. This is ridiculous. 38, 39, 37, 38, 39, 38, 39.When is this blast off supposed to happen? Will it ever happen? What the hell is the hold up?

[materialsgirl]

tree73Re $2.76 a shareYou were computing revenue for the first 6 years.  Right?What share price do you imagine?Also there is likely enough gold resource for 15+ years at 46,000 ounces per year Mat

[agmetalhead]

Re $2.76 a share? With a little irrational exuberance brought on  with the help of a banner ad campaign and .24 cents that would put the share price in the range of $3 by Spring. Where have I heard that before???