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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: CommanderCricket who wrote (73886)	10/26/2006 10:18:25 AM
From: CommanderCricket	Read Replies (1) \| Respond to of 206184

Have had a chance to read through the report and can't beleive NTO is selling for $4.65. Someone, probably one of their partners will buy them out. CC

To: CommanderCricket who wrote (73886)	10/26/2006 10:30:15 AM
From: CommanderCricket	Respond to of 206184

Another comment on the NTO BFS "in accordance with SEC guidelines, the economic analysis of the project was done using the average metal prices over the past 36 months. These calculate to $1.80/lb for copper, $465/oz for gold and $22.75/lb for molybdenum. Under these assumptions, the Agua Rica project has a NPV (8%) of $1.9 Billion post taxes and royalties, an IRR of 20%, FOB operating costs of negative $0.73/lb copper net of by-products and a payback of 2.9 years." If copper can stay above $2 or so, this mine is printing a snot load money geez...