InvestorsHub Logo
Followers 1083
Posts 109134
Boards Moderated 53
Alias Born 11/22/2003

Re: trunkmonk post# 2216

Monday, 12/30/2019 1:30:06 AM

Monday, December 30, 2019 1:30:06 AM

Post# of 3043
RE:RE:What a difference a year makes !

those npv were calculated using a lower gold price.
at $1500 gold price those npv would be higher.
the marmato pea only covered 2.2 million oz without covering inferred.
that is a fraction of the oz at marmato.
more infill drilling will increase the npv.
the phase 2 drilling reported last month is not
included in resources yet and it had large drill holes
like 73m at 5.72 g/t, and 174m at 3.86 g/t.

"since the latter part of 2018 on level 21 at Marmato have
tested a block within the higher-grade zone that is being
developed and will be placed into full production from
the existing mining operation starting next year."

marmato processing higher grade next year means good things to come
.
by invest234 (84) sth

kkkrrr wrote:
GCM is damn cheap here... the investments in GOLD X (Toroparu) (30-40%) (NPV 800 million USD) and Caldas (Marmato) (75%) (NPV 250-300 million USD) alone are worth more as the current marketcap of GCM .... (Zancudo,Venezuela , Marmato Zone Alta NOT included)

Segovia alone ios worth 500 million USD (minimum)...


do your math ;)

Gold: Massive Bull Flag Breakout -





In GOD We Trust -





https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA
Merry Christmas

Happy New Year


My opinions are my own and and DD I post should be confirmed as unbiased

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ARMN News