SI
SI
discoversearch

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 : Gold and Silver Juniors, Mid-tiers and Producers

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: loantech who wrote (12495)6/1/2006 4:21:15 PM
From: jackjc  Read Replies (1) of 78416
 
The mineable lbs of zinc etc depend on the price, at these
prices there is more profitable ore for example.

So the old numbers at .35 zinc are understated IMO, and
do not include the other zinc, lead, and silver-cu depostis.

I think a 5% of ore in the ground (when fease proven) might
be reasonable as one of many ways to get a rough idea of value.

And considering the total ore package maybe your value figure
is in the ball park.

Also at 50M sh there would be close to $20M US extra cash from
the wts which are far far in the money.

Depending on the fease figures and the need to get a handle
on all the other deposit values, I personally would not
entertain possible buyout numbers at less than 5%.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext