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

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To: tyc:> who wrote (66011)	6/28/2009 2:41:50 PM
From: Claude Cormier	Read Replies (2) of 78409

- Next year's NPV (of berg @ 12% discounted) will be 12% higher than the .35c that he quotes as the present NPV. ? I don't think so. The NPV calculations starts from year 1 of generated cash flows. IMO, the NPV is not possible on a deposit like Berg. It is too early. Too many unknowns. IMO, we should calculate NPV when economic studies are down and production is 1-2 year awya max.

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