Post by
idlefreebird on May 17, 2018 8:32am
holding nicely with price of dropping
now bring on the financials...rough numbers have this asset at 2.5 million ounces of gold including Cochrane deep and new mineral resource at both Cochrane hill and Fifteen mile stream... now that would be 2.5 billion in bullion sales at the end of the line at $1,000 FCF per ounce ... take away $500 million for cost of 3 milling facilities to be built in future and that leaves 2 billion in FCF for the company... oh ya give the governement there share and we still sit with a nice cash flow in the books... with these numbers over $3.00 is our takeout price...gltal
Comment by
ferret_ca on May 22, 2018 2:48pm
td came in on a bit of a buying spree today moving the sp up on some decent volume cheers ferret