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Re: speedo1234 post# 8092

Friday, 12/10/2010 1:39:45 PM

Friday, December 10, 2010 1:39:45 PM

Post# of 67010
All kinds of numbers getting thrown out there.

I'll take the $125 million in five years line. I like that one the best so I'll say YES!.....Its gotta' be worth $160 million some day according to the highest numbers Guyer talks about in this paragraph from the link you provided.

"Assuming approximately $750,000 in new funding to re-activate the mill, toll milling will generate $6 million in gross revenue over the next 24 months. During that time, exploration and development of the Company's own mines will continue, and subject to additional development capital, the Company will begin milling its own ore in June 2011. At that point the Company is full speed ahead toward a five year projected $125 million cumulative net cash flow. The mill becomes the cash flow engine that feeds additional mine acquisitions expanding our 'enterprise value' model over time," stated Guyer.



Thanks speedo1234.

Sieg

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