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Gold/Mining/Energy : Gold and Silver junrs- portfolio -- Ignore unavailable to you. Want to Upgrade?


To: tyc:> who wrote (261)5/16/2008 2:28:49 AM
From: onepath  Respond to of 328
 
Also a little local news.Takes time but this should all come together.

Mining strategy unveiled
Written by GORDON HOEKSTRA
Citizen staff
Wednesday, 14 May 2008

The Omineca Beetle Action Coalition unveiled a strategy Wednesday aimed at bolstering the mining sector in the Northern Interior.
It's an effort to help diversify the economy in the face of the coming fallout from the mountain pine beetle epidemic

princegeorgecitizen.com



To: tyc:> who wrote (261)5/16/2008 7:21:36 AM
From: tyc:>  Read Replies (1) | Respond to of 328
 
In my last posting I compared a NPV of Terrane's Mt Milligan with that indicated for El Morro. However, the Mt Milligan NPV is before tax, while that of El Morro is after tax.

The feasibility study indicates that the before-tax 8% NPV of El Morro is $2.278 B so Metallica's 30% share would approximate $683M. That is higher than the $600M for Terrane's Mt Milligan.