InvestorsHub Logo

DDJ

Followers 17
Posts 1130
Boards Moderated 0
Alias Born 06/13/2012

DDJ

Re: None

Thursday, 06/13/2013 10:51:37 AM

Thursday, June 13, 2013 10:51:37 AM

Post# of 119
MXOM just released there PEA with a forecast life of mine ("LOM") production is 509,000 ounces gold and 55.5 million ounces silver, or 1.50 million ounces of gold equivalent, worth a total of about $2.10 billion , using the base case metal prices of $1,400 per ounce gold and $25 per ounce silver.
Estimated cash operating costs are estimated to average $518 per ounce gold equivalent for the first three years of operation and $701 for the life of the mine, with LOM average annual pre-tax net operating income of $97.1 million and $1.07 billion LOM, using base case metal prices.

There goal is to get bought out and they have the management team to get it done either way. http://ih.advfn.com/p.php?pid=nmona&article=57971828

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.