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checkmate28

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checkmate28

Re: dr_airtime post# 31401

Wednesday, 08/13/2014 8:54:11 PM

Wednesday, August 13, 2014 8:54:11 PM

Post# of 35705
Dr Air, RIC I got mine at 1.63 US. Was going to sell RIC as well, but asked myself, would I buy a 80k oz producer in a top jurisdiction, with $54M annualized CF, cash costs near $800, that is ready to bump production to the 120k oz/year level in 2015 with longer term plans for 200k oz, that has $30m cash and an EV value of $85M now ?? The answer is YES, so I chose not to sell today. If it runs much higher I might go for the trade. Thanks for bringing that to my attention.

Checkmate28
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