Post by
invest234 on Jun 08, 2021 10:47am
red cloud update: C$17.25
(from ceo.ca)
https://cdn-ceo-ca.s3.amazonaws.com/1gbut4v-20210604-GCM-Update.pdf
post-tax NPV5% of $1,034M for the Toroparu project
(toro present value with 5% discount is a billion US dollars but market gives it only C$200M or less)
ongoing project optimization that includes the discovery of continuous high-grade gold bearing structures extending for +3 km in strike and +450m in depth.
over time, as it advances, it should become more accretive as we increase the multiple applied to Toroparu (using a 1.0x multiple our target would be ~C$22).
Comment by
tsoprano24 on Jun 08, 2021 11:53am
From their lips to Gods ear. What we need is a hedge fund to buy 5-10 million shares. Although don't see that happening. T
Comment by
Golddd on Jun 08, 2021 12:03pm
is the most sensible thing I have read in recent months. this company is a jewel but the canadian market is rubbish. 3/4 funds are needed to buy 20/25%. I don't understand why it is so difficult to find them.
Comment by
clubhouse19 on Jun 08, 2021 1:19pm
Actually we need another delusional clown like yourself to instill even more false hope into this house of cards,
Comment by
Brioche on Jun 08, 2021 12:58pm
Red dit is way more efficient than Red cloud . Look at CLOVER today . 100 % . 3 bil usd something with almost no revenues. --))