Northgate Exploration - NGX (TSE) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Northgate Exploration - NGX (TSE)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: NYBob1 who wrote (27)	10/30/2007 12:43:01 PM
From: NYBob1	Read Replies (1) of 37

This is a very good move to boost production to 430.000 oz/year at a cash cost of just $184/oz. Annual cash flows will be about $250 million/year and will increase when Davidson adds 175,000 oz/year in 2010. No debt and still over $140 million in cash, after this acquisition. Annual cash flow will be about $0.90 per share in 2008, implying a fair value of about $9 per share at a conservative 10 times cash flow. Worth investing for...... Too bad this truly Native Canadian Kid has to take a fair chunk of it's considerable cash... along with the potential employment riding with that cash, driven out of the country.. Such is the risk of a meddlesome bolshevikz bureaucracyz, with too much time and taxpayer fiatz-money in it's hands only think about their own goldenz pensionz umbrellaz, IMO. Onward to Australia we GO, mates! We are one of the few golds up this morning as the product tests former heights! NXG Management Presentation - northgateminerals.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next