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Bullboard - Stock Discussion Forum STLLR Gold Inc T.STLR

Alternate Symbol(s):  STLRF

STLLR Gold Inc., formerly Moneta Gold Inc., is a Canadian gold development company. The Company advances in two gold projects, namely Tower Gold Project in the Timmins Mining Camp in Ontario and the Colomac Gold Project located north of Yellowknife, Northwest Territories. Its Tower Gold Project is located approximately 100 kilometers (km) east of Timmins and hosts a total indicated resource of... see more

TSX:STLR - Post Discussion

STLLR Gold Inc > An example of STLLR's beyond low current valuation....
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Post by tony1969 on Jun 03, 2024 2:25pm

An example of STLLR's beyond low current valuation....

Here is the example showing just how valuable and mostly how undervalued STLLR is. Let's just look at Tower and inferred ounces which are currently valued close to zero $ in the exploration sector. Start with the INFERRED OP Southwest deposit. It has 1,472,000 ounces at a grade of 1.01 g/t. Remember these ounces and the ones mentioned afterwards in this post are all OP and prior to the 140,000 meters of mostly infill drilling yet to be calculated in the new MRE. The other deposit is Westaway. It has 1,383,000 INFERRED OP ounces at a grade of 1.95 g/t. So in total we have about 2.85 million OPEN PIT INFERRED ounces at let's say 1.50 g/t give or take .10 g/t. Do you guy's know how many exploration companies would kill to have close to 3 million ounces of OPEN PIT gold at a grade of around 1.5 g/t!!!??? What I am trying to say here is that STLLR has the equivalent of a great exploration company within its own company. These numbers mentioned above in my opinion are not even being factored into the value of STLLR being that all of these ounces are INFERRED. I that they are all OPEN PIT as I am pretty sure that with the infill drilling done and further drilling in the future most of those ounces will be mined. Lastly. Take those 2.85m inferred ounces and let's pretend only 75% of that are mined. That would be 2 million ounces of 1.5 g/t OPEN PIT ore. How much would these basically zero valued 2 million ounces of 1.5 g/t gold produce as far as cashflow if this was a standalone mine with let's say a 10 year mine life with 200k ounces per year production and an AISC of (going high here) $1200 US using $2100 US gold? Thumbs up if this posts makes you think and those who have that formula of what this alone would produce in FCF per year please post...
 
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Comment by EvenSteven27 on Jun 04, 2024 11:36am
Agreed, Tony. It was the sheer numbers on the Tower Project that made me a believer. The whole mineral sector has been beaten these past few weeks. After the doldrums, we will move to a price closer to our value. Currently, we are way undervalued. 
Comment by ecolo101 on Jun 04, 2024 1:21pm
And what is a fair value according to your vision? glta
Comment by EvenSteven27 on Jun 04, 2024 5:47pm
Good question, but hard to assess. Value is partly perception and conditions at the time. But let's look at some facts:  - The company has zero debt and sufficient cash on hand ($10.38M ) - MCap (FD): $115.00M - Company runs tight ship on spending  - Excellent runway, low burn time  - Excellent infrastructure and access to power and roads  - Tier 1 jurisdiction with ...more  
Comment by tony1969 on Jun 05, 2024 10:07am
Pretty much agree with what you posted EvebSteven.  The market will get a better sense of the value of Tower once the MRE comes out likely followed with a PFS or FS sometime in the near future afterwards....
Comment by ecolo101 on Jun 05, 2024 12:54pm
Well written with many positives.  unfortunately juniors since the last two years are not coming back. Mainly because interest rate and low cash position versus dilution with more shares when they need money at lower stock price than people paid. This send the wrong signal and investors got screwed many many many times. recently some are showing a little bit of leg up but the real spark is ...more