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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (3957)3/5/2014 7:50:46 AM
From: Goose94Read Replies (1) of 202399
 
Roxgold (ROG-V) top pick from two top notch Gentlemen at PDAC2014

Brent Cook, Exploration Analyst & Geologist, Exploration Insights & Bill Harris, Partner & portfolio manager, Avenue Investment Management

ROG Yaramoko gold deposit in Burkina Faso is one of the few high grade, high margin, low capex deposits owned by a junior. The current resource is about 800,000 ounces at an undiluted grade of 17 grams per tonne. A preliminary economic assessment returned an after-tax NPV five percent of U.S. $192 million and IRR of 47 percent. A feasibility study is due Q2, 2014. Initially purchased May 2013 at $0.49.
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