Re: We need a new CEO./Windfall valuation..
in response to
by
posted on
Jun 13, 2008 10:36AM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
One of my juniors (next door to Windfall) started pouring gold this year. Target of 35k oz. this year, 65k oz. for 2009.
They have about a 1 million oz. resource and growing, mine & mill operating, Market Cap. about $70m.
Also one of Jay Taylors favourites.
In this depressed junior market, their share price is under a dollar.
Hate to say this Poly, but based on what we know and current market conditions, 50 cents for Windfall sounds reasonable.