Mason Resources Inc V.LLG

Market refuses to acknowledge value for Lac Gueret

[Mookster3]

Mason owns 49% of the largest, highest grade, graphite deposit in North America, with NPV of 2.2 $B and after-tax IRR of 26%, without even considering the higher-grade starter pit @ 28 % C. Even though graphite made the top six of Canada’s critical minerals list and there’s no graphite mining to speak of, currently occurring in Canada, the market still stubbornly refuses to acknowledge value for Lac Gueret, and is assigning Mason a paltry enterprise value of only $11 mm (market cap $37mm – $13mm cash- $13mm SWAN shares). Absolutely bizarre!
 
 Graphite Deposit Ore Value Calculation  

FlakeMesh size	Price/t (US$)	Mason  (Lac Gueret)       Grade 28%       (616 lbC/t)			Nouveau Monde    (Matawinie)  4.3%        (97 lbC/t)			Northern Graphite (Bissett) Grade 2.1%      (46 lbC/t)
		%	lb/t	$/t	%	lb/t	$/t	%	lb/t	$/t
-32	$6200							16	7	22
-50	1200	13	80	48	20	19	11	42	19	11
-80	500	16	99	25	32	31	8	30	14	4
-100	490	14	86	22	34	33	8	12	6	2
fines	375	57	351	66	10	10	2	nil
	Total ore value/t			$161/t		Total	$29/t		Total	$39/t

[Directvoice]

You right and sometimes I as myself what wrong with my evaluation of this stock. I guest a stock likes Mason is just not follows by many people (mainly speculators like us). That explains probably the bizarre valuation. 

[1student]

A valiant effort Mookster3. That $11 Million valuation for Lac Gueret  is owing to the fact that the company unavoidably placed a price tag out there suggesting the value of the very option to earn-in and ultimately purchase the Lac Gueret Graphite bearing lands parcels. Mason Graphite representatives did this when they optioned the ownership of Lac Gueret off to Nouveau Monde Graphite. At

[Directvoice]

Thanks 1student for your well written post. You lost me when you are saying that Mason had optioned Lac Guenet. As I understand, the 11 millions was for 51% of the mine. It's a joint venture. 

[1student]

Hello Directvoice. Thanks for your reply. I'll stand as corrected if need be. Never the less, I understand that what Mason representatives entered into was a multifaceted arrangement which was wholly contingent on LLG.V representatives optioning off the right to purhcase all of the Lac Gueret graphite bearing land parecels to Nouveau Monde Graphite. The JV and commericalization partnership