GREY:KXLAF - Post Discussion
Post by
Nomad3 on Aug 20, 2012 2:40pm
valuation
With 6 million that will put the IRR on the open pit above 50% and increase the NPV substantially. What I found strange is that they will update the PEA in the news release rather than a full blown feasibility.
Regardless , this should trade at a 300m market cap for $50 oz In situ, plenty of upside from here. If IMG took out TRR with 6million inferred perhaps they ll come after us too.
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