With gold at $613 per oz and silver at $6.55, here are some miscellaneous valuations. If AURC were to keep the mines and produce their stated goal of 384,000 ounces per year, that would yield approximately $108,000,000.00 annually pre-tax and 18+ years of mining. One of course would have to factor in the additional costs of excavation equipment and a mill. These would be at least $100,000,000.00 plus debt service per sight. Our current market value is still well below actual value. AIMHO Airdale
Shares
Authorized 500,000,000
Outstanding 109,671,530
Restricted 91,000,000
In Float 22,397,470
Cur PPS $ 0.215
Market Cap 23,579,379
AU in oz 7,100,000
AU Spot price $ 613
AU bulk price $ 563.00
Prod costs $ 280.00
Net per oz $ 283.00
Gross val AU $2,009,300,000.00
AG in oz 35,000,000
AG Spot pr $ 13.55
AG bulk price $ 12.44
Prod costs $ 6.26
Net per oz $ 6.19
Gross val AG $ 216,623,164.76
Gross Min Val $ 2,225,923,164.76
Est Assets per Shr $ 20.30
This post is an opinion and should not be considered reason to buy or sell any security, or to besmirch, belittle or berate any person, religion, cult, creed, race, sex, political party, company or company representative of any age or appearance.