Silver Falcon Mining

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Calcs
over 14 years ago
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Re: Calcs
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Re: Calcs
over 14 years ago
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Re: Calcs
over 14 years ago
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Re: Calcs
over 14 years ago
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Re: Calcs
over 14 years ago
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Re: Calcs
over 14 years ago
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in response to spiny's message

How about change the purity level?

1 oz/ton X1200X85%-$50=%970X100 t/day (50 t/shift already announced)=$97,000/day

X300 days/year=$29,100,000 net. However, IMO over the whole pile, we ought to see 2 oz./ton, gold equivalent. This mill may be able to be cranked to 200 per day as it was only designed to be a demo mill in the first place. Equal to $.30 per share in profits, if they don't dilute any more. @20 PE we are looking at $6.00 SP. OH, and 15% of net used for buyback.

Also, we may have to contend with higher metal prices. Such a sad state of affairs for SFMI shareholders. Woe is me, the taxes will be enormous.

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Igalop
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Silver Falcon Mining
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202,565,218 class A (3.88M- B)
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