Welcome to the Silver Falcon Mining HUB on AGORACOM

(Edit this Message from the "Fast Facts" Section)

Free
Message: Re: Light Volume..solid pps
4
Dec 03, 2010 11:26PM
2
Dec 04, 2010 09:12AM

Dec 04, 2010 01:55PM
3
Dec 05, 2010 01:41PM

If 35% of the 258 lbs is gold, that would make the shipment worth ~$1.9M. For 20 days, that makes the yearly rate ~$34M. But presumably the mill is now running better than the first 20 days, and they should be using ore that is 3-6x richer. So $100M yearly revenue is certainly within reason, maybe twice that. A 10x multiple would make $1B, or >$3/share.


Dec 05, 2010 07:05PM
1
Dec 06, 2010 09:38AM
2
Dec 06, 2010 11:05AM
Share
New Message
Please login to post a reply