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Gold/Mining/Energy : Canadian Warrants Only -- Ignore unavailable to you. Want to Upgrade?


To: tyc:> who wrote (6881)1/19/2009 1:42:05 AM
From: onepath  Respond to of 23102
 
>>Incidentally at current Canadian dollar prices, my simple arithmetic suggests that base case total revenue of "our mine" would be C$461M compared to the feasibility study's C$467M. Copper may be historically low but gold and the lower C$ almost compensates. The lower C$ might also imply lower cash costs than contemplated. This augurs well for the feasibility study update, especially if the budget provides tax relief stimulation.

The coming budget just might make the warrants attractive right now... <<

TRX and TRX.WT Nearly 5 million oz of gold but yet looked on as a base metal play likely to be shelved for years.But I think we both suspect otherwise....mines are made not found and there are a lot of interest's that want a mine here.