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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (14541)	6/26/2006 10:39:25 PM
From: Frankly Speaking	Respond to of 78412

DNT Hmmmm. Current market cap of $36 million. As the late, great, Mr Rogers would say "Can you say undervalued. UNDERVALED! I knew you could." And this is only for phase I. Why go chasing moose pastures that have higher market cap. Go Joey, bring on production! "Using a price of $2.00 per lb copper, an 8% discount rate and the criteria below Merit has estimated the following: - Total cash flow of approximately US$1.9 Billion - Annual cash flow of an average US$76 M over the 25 year life of mine - NPV of US$593 M - IRR of 56%"