I-80 Gold Corp T.IAU

Go check out the Skeena news...

[metalhead666]

Wow!

[TomWicken]

i take it you rather pay $75 per oz for un-permitted ozs at skeena than $38 per oz for permitted ozs at i80?? there are much cheaper names than skeena especially when considering we will see another 40 million shares sold as equity portion of any capital raise for mine construction.. then same figure will be $108 per resource oz but $38 per resource oz for i80

[metalhead666]

You need a little help with your math.  Skeena added 400,000 ounces today.  They will have at least $1000 margins on those ounces. That's $400,000,000 large which is more than the current market cap of the whole company! Skeena today can be bought for the additional ounces alone. You get the entire Eskay Creek mine, the Snip mine, the entire land package and the eventual 300k

[TomWicken]

96MM shares at $5.15 is $495M market cap i would reply to the rest but ur understanding of the sector and math is so off that its a headache to walk you thru where ur wrong... the least of which is that you are using a 5% DR to guestimate SKE NPV for a company w/ a 12% future cost of capital that has no permits GL ull need it

[metalhead666]

Try harder next time.  At $1900 gold the projected margins on just the new 400,000 ounces is $1200.  That's just about your number of $495 isn't it?  The PROFIT on those 400,000 ounces at an AISC of $700 give or take IS the current market cap per your calculations. That means...in no uncertain terms....EVERYTHING else ....the entire land package, SNIP, Albino Lake, all of