Prodigy Gold Inc KXLAF

Compare VIT to this one

[Easy2Mine]

VIT = $100M Market Cap...While AXM .v has a $16M Market Cap with Better Project Parameters...Over $200 Million Funding already committed. Easy 10x Bagger

Feasibility Study Snap Shot

A Robust Project - current $16M Market Cap

• Resources: 3.1 M M&I indicated oz Au (including Reserves) 1.1 M inferred oz Au

• Reserves: 2.3 M oz Au

• Open pit, valley leach, gold recovery plant

• Construction & working Capital - C$246 M

• Production: 205,000 oz Au/yr at US$484/oz in first 5 yrs 163,000 oz Au/yr at US$484/oz life of mine

• Economics: $785 M NPV 5%, after-tax and 57.8% IRR at US$1,500/oz

$1,340 M NPV 5%, after-tax and 84% IRR at US$2,000/oz

• Payback Period: 2.2 years at US$1100/oz

https://www.axmininc.com/site/Portals/0/AXM_Marketing_October_2012.pdf

[phoenix_trader]

The answer is clear, VIT has working capital of $50 million, a definitive feasibility study and is in the Yukon. The story below is relevant about the political risk. The Vancouver Sun reports in its Tuesday edition Turquoise Hill Resources and its majority shareholder Rio Tinto have rejected a request from Mongolia to renegotiate the investment agreement for its Oyu Tol-goi mine, the world's