SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: LoneClone who wrote (42398)6/13/2007 10:27:12 AM
From: Mr. Aloha  Read Replies (2) | Respond to of 78430
 
Wow -- Am I missing something, or are these numbers from SPM's pre-feasibility study as bad as they look?

Base case NPV of $14.3 million and current metal price NPV of $46.2 million for a company with a fully diluted market cap of C$184 million? A 3-year payback on capex?

Is this Scorpio's main project, or is this just a side project?

If this is their main project, I sure wouldn't be happy with that report.



To: LoneClone who wrote (42398)6/14/2007 2:20:03 AM
From: onepath  Read Replies (2) | Respond to of 78430
 
Looked and followed SPM but I went with DIB because they already where a producer and I liked the silver upside with their involvement with PRO.v.

So not being able to own them all my zinc basket is BWR.wt MMG DIB ZNC LTH WKM and MTS. I sold PAX(SWN) for the same reason(just not able to keep up on them all).I also follow and like DSR.v and BN.v.

I added to both ZNC and LTH today.