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"Ecuador Gold and Copper Corp is a mineral exploration, mining and development company. The Company acquires and explores gold mineral rights located in Ecuador."

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ECUADOR GOLD AND COPPER CORP > Remember the PEA from May 30th, 2015

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Post by nightcrawler000 on Jul 01, 2016 4:07pm

Remember the PEA from May 30th, 2015

Just thought I would put this out there for conversation. If I remember correctly this was a pretty poorly excuted PEA and is outdated on a few prices. Consumables in the PEA listed Diesel at $1.14 USD/L. I can see this company being more valuable than the price people are giving their shares away for, but I also see the risk.

Table 1-4: Financial Model Sensitivity to gold price

Gold price (USD/oz.)		% of three year trailing average		IRR (%)		NPV (M USD)		Payback (years)
1 303		90		5.5		-74.4		7.4
1 448		100		9.5		47.4		6.5
	1 593		110		13.4		168.9		5.6
1 738		120		17.0		290.2		4.5
1 882		130		20.5		410.7		3.0
2,027		140		23.9		532.1		2.1
2,172		150		27.2		653.2		1.7