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


To: marcos who wrote (59715)5/26/2008 7:36:54 PM
From: tyc:>  Read Replies (1) | Respond to of 78426
 
>>Taking the Milligan-only NAV of 600m, times .4, = 240m,

Bear in mind that the $600M was calculated using base-rate metal prices, as no doubt required for financing purposes. However the 8% NPV using current prices was ~1.5Billion, and 40% of that equals the full $600M again. Anybody want to speculate that metal prices might go even higher ?

So the next shoe to drop will be when G takes over the balance of TRX, (just as TEK took over HIH.. LOL). I hope such wild speculation is permissible on this thread !