InvestorsHub Logo
Followers 37
Posts 11728
Boards Moderated 11
Alias Born 12/15/2009

Re: None

Sunday, 09/12/2010 3:43:45 PM

Sunday, September 12, 2010 3:43:45 PM

Post# of 135
Using a base case gold price of $1,000 per ounce, the Report shows that Aurizona has a net pre-tax cash flow (undiscounted) of $153 million with an after tax Net Present Value (NPV) of $81 million using a 8% discount rate. The mine would recover approximately 670,000 ounces of gold at a waste to ore strip ratio of 3.4 to 1 over a 12-year mine life.

Doug Casey and Jim Sinclair have mentioned this play recently.
b4

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.