TSXV:GBK - Post Discussion
Post by
M139 on Jun 25, 2010 8:18am
Nunavil Valuation
I was just looking over the Nunavik project economics and here is the interesting breakdown for the metals values
Nunavick resources Apr 14, 2010
Metal | Price | Ind | Inf | Meas |
Ni | 8.78/lb | 84.4MM lb | 437.5MM lb | 11.5MM lb |
Cu | 2.98/lb | 106.4MM lb | 541MM lb | 13.5MM lb |
Co | 18/lb | 4.6MM lb | 23.5MM lb | 493.8K lb |
Pt | 1,546/oz | 86K oz | 370.5K oz | 11K oz |
Pd | 466.5/oz | 342K oz | 1.5MM oz | 48K oz |
Au | 1,243/oz | 22K oz | 96K oz | 2K oz |
In situ metal value per share at 25% which is what GBK holds is around $3.05 per share.... laughably investors can get a piece of this for .20. Talk about cheap dilution.
Add in 100% of Raglan, it's shocking.
M
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