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modrica

02/13/13 10:36 AM

#61520 RE: lesgetrich #61519

magna group 7 mill ownership , o/s around 94 millions now

i think

gl

sanbrunobaby

02/13/13 11:43 AM

#61524 RE: lesgetrich #61519

Nice to see press release with breakdown of categories, recovery rates etc. Press release specifically does say they have a projected operating cost and CAPPEX projections, so I stll find misleading projecting total value not discounted for these factors. Maybe nit-picking, because at this market cap just the potential alone of they can re-negotiate purchase terms or stretch out, is quite interesting.

I wonder though how old the data is that they are working with, whether it meets NI43-101 requirements to be stated as a current or historical resource.

Come on CGFI you have nothing to lose projecting forecast operating costs, and CAPEX required, and updating forecast when operations would start.