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

To: tyc:> who wrote (59632)	5/23/2008 11:53:34 AM
From: marcos	Respond to of 78424

trx.v - 'Average annual metal production over a 15.3-year mine life is forecast to be 88 million pounds (lb) copper (Cu) and 217,000 ounces (oz) gold (Au). The mine plan has been designed for extraction of higher grade and gold-rich reserves in the early years. Based on three-year rolling average metal prices of US$2.75/lb Cu, US$600/oz Au, US$11.25/oz silver (Ag) and an exchange rate of 0.89 (US$/C$), copper will account for 64% of the revenue and gold will account for 36%. The Project has a pre-tax Internal Rate of Return (IRR) of 18.1% and a pre tax Net Present Value (NPV) at 8.0% of $606 million with recovery of capital in 3.7 years. The Feasibility Study Pre-Tax Metal Price Matrix can be viewed here . The Project is located in close proximity to existing infrastructure. A skilled work force, railroad headings and low-cost power are all available near the Project site. There are no topographic constraints to mine development and the Project is accessible by road. Off-site infrastructure-related costs account for less than 4.6% of the total capital cost.' terranemetals.com .. looking like a copper-gold Metalline, with those site advantages, except comes with a connected major ... i like the two-thirds copper part, don't feel i have enough copper exposure ... yeah it's cheap, unlikely to get much cheaper, unlikely to stay this cheap for long, with NAV on Milligan alone at triple f.d. market cap du jour ... hope to get some more, however there is always some other bright shiney object coming along - i didn't realise Red was so hot on sns.v, now that's what we need to start things rolling, a momo following, lol