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


To: Martin Wormser who wrote (65425)5/26/2009 11:02:06 PM
From: loantech  Respond to of 78417
 
Martin I would say to ask other people with more knowledge than mine. Claude is a good one to answer this question.



To: Martin Wormser who wrote (65425)5/27/2009 12:47:17 AM
From: chip  Read Replies (1) | Respond to of 78417
 
I'll take a shot at that. One logical use of your figures would be:

(stock price * shares out)/(ozs mined * cost per oz)

Performing this would give RIC a value of about 10.5 and ARZ about 50.

ARZ would therefore be ~5X pricier than RIC?



To: Martin Wormser who wrote (65425)5/27/2009 1:20:25 AM
From: AlphaRomero  Read Replies (1) | Respond to of 78417
 
Running your numbers roughly: at $950/oz, Aurizon has approximately 4.5x the cash flow and 6.5x the market cap.

(There are other variables, though...I don't even know off-hand which country Aurizon operates in. If it's Mexico, that would account for the difference. You might also subtract their cash on hand from MC and RIC would probably look even better)

...just thinking off the top of my head...my advice may be worth no more than you paid for it!

And CGLD.OB looks even better...roughly same MC as RIC and higher cash flow (and the main property is open at depth and strike) finance.yahoo.com