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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: E. Charters who wrote (35563)3/21/2007 2:31:39 PM
From: Mr. Aloha  Read Replies (1) of 78414
 
86M a year cash flow. Capex? I would say 15 million, their end. 37 million shares. Much of that capex has to come back to them from the custom people. About 4.5 million at least.

Wow -- if these figures end up being right, Roxmark's at least a 10-bagger from here. With about 200 million shares out after that dilution, a 10-bagger would put their market cap at around C$350 million, which would only be about 4 times cash flow. We'll see if they can execute well enough to get there. I'll be pretty happy if they only get half way there.

In any case, with their pending TSXV listing, Roxmark should finally be able to get institutional interest and financing, and should be able to move pretty quickly to production on both the moly and the gold, not to mention their tungsten. The way gold microcaps and moly stocks have been on fire recently, there should be lots of interest in Roxmark once they're off the dreaded CNQ next month.
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