geodan
3 years ago
Hi T, yes, still big position and pretty good profit on it. All miners have been hit but copper$ still great. They need another VMS at El Roble, and now that they own all of La Plata they will drill more there to see if they can find more there too.
Ecuador has much more pro mining gov now after election. Than we do.
They come to them and ask how can we speed up your mine build?
Galane is dirt cheap.
"Buy Profitable And Future 110,000oz Miner Galane Gold For $26.6 Million, Comparison To $316 Million Pure Gold" https://seekingalpha.com/instablog/535947-darp-research/5648819-buy-profitable-and-future-110000oz-miner-galane-gold-for-26_6-million-comparison-to-316
This is how it starts:
Summary
At .0812 a share Galane has a $26.6 Market Cap, sells for <1 Times Book, <10PE and has EV/EBITDA of 2.92, yet will be one of the fastest growing miners.
The Galaxy Project will grow from current 15,000oz to 43,000oz gold a year in 2023 then 60,000oz in 2025 and has an IRR of 1,051% and an AISC of $777.
They bought the ready to go Summit gold and silver mine with Banner Mill in New Mexico (100,000oz Au, 6,500,000oz Ag) with NPV of $96 million for $16 million.
How does Galane compare to similar production sized Pure Gold? Galane has 1/12th the mkt cap. Is this justified by other factors?
Galane Gold (GGOFF) is a gold miner with the Galaxy Mine in South Africa, the Mupane Mine in Northeastern Botswana and the Summit Gold/Silver Mine in New Mexico USA. They had $49 million revenue in 2020 with $12.1 million positive EBITDA and have started an explosive growth period.
In mining a 30% IRR (Internal Rate of Return) is considered good and 50% IRR as great. So when I saw that Galane Gold (GGOFF) had a 1,051% IRR on the Galaxy Project was all ears. It is the highest IRR have ever seen for any mine project or for that matter any oil project either.
One conclusion for 2022: So at 60,000oz and combined AISC will guess at $1100 (Mupane is a lot higher than Galaxy) and $1775 gold that would produce $40.5 million profit. And Galane is currently $26.6 million market cap? That is insanely undervalued. It is 0.6 PE for a high growth company. If we assign an 8 PE that is a market cap of $404 million or about $90 million more than Pure Gold is today. That is about a 15 bagger.
geodan
3 years ago
Below the year and Q I posted is excellent, basically everything was better. Just out.
Atico 2020 Results:
Net income for the year ended December 31, 2020 amounted to $8.4 million, compared with $6.9 million for last year.
All-in sustaining cash cost per payable pound of copper produced(1)(2) for the year was $1.53 (2019 - $1.81).
At the end of the year, 5,291 (2019 - 3,104) wet metric tonnes (“WMT”) of non-invoiced concentrate remained at the Company’s warehouses.
2020 Consolidated Operating Highlights and Review
Ore processed increased 24% year-on-year;
Copper head grade decreased 1% year-on-year;
Gold head grade decreased 16% year-on-year;
Concentrate production increased 27% year-on-year;
Copper metal production increased 22% year-on-year; and
Gold metal production increased 3% year-on-year.
That 3,104 tons of copper concentrate will put Q1 on steroids. Just amazing in light of Covid how good they did in 2020.
https://ceo.ca/@nasdaq/atico-reports-consolidated-financial-results-for-2020 BTW not on Atico site, an accidental release?
Here is article did on that Q4 would be good: https://seekingalpha.com/instablog/535947-darp-research/5553739-atico-stock-will-not-ignore-copper-price-and-coming-q4-much-longer
geodan
4 years ago
great stock,Atico Continues to Intercept High Grade Massive Sulphides Near Surface and at Depth Reporting 8.6g/t Au, 73.4g/t Ag, 10.9% Cu, and 5.6% Zn Over 5.33 Meters, Extending High Grade Zones Beyond Known Mineralization at La Plata Project in Ecuador.
That was today, full story is here http://aticomining.com/_resources/presentations/corporate-presentation.pdf
AskMuncher
4 years ago
$ATCMF The Now Corporation (OTC:NWPN) Contemplates Uplisting
Press Release | 08/05/2020
August 5, 2020
OTC Disclosure & News Service
Palm Beach, FL —
This release includes additional documents. Select the link(s) below to view.
nwpn pr 8-5.pdf
NWPN logo
The Now Corporation (OTC:NWPN) is pleased to announce that it is contemplating uplisting to the OTCQB. To qualify, the company will need to meet the following criteria outlined by OTC Markets Group Inc., The OTCQB® Venture Market is for early-stage and developing U.S. and international companies. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process. Companies must meet $0.01 bid test and may not be in bankruptcy.
Alternatively, The Now Corporation is considering a fresh listing for some of its holdings based on potential synergistic agreements that are now in the Letter of Intent stages pending signatures. One agreement is for a major celebrity to join the company to help promote a brand that will contemporaneously be acquired.
Ken Williams, CEO of The Now Corporation, states,If the LOI is signed followed by a final agreement, shareholders will benefit from the expected revenues flowing in from the power of the brand and the corresponding celebrity firepower that will help to promote it.
Updates will be forthcoming
About
The Now Corporation is a publicly traded, bio-pharmaceutical research company focused on the research, education and production of Scientific-Grade Cannabidiol (CBD) from hemp and Tetrahydrocannabinol (THC) to be used for medicinal purpose, while focusing on pursuing business opportunities in the growing medical and recreational marijuana sector. Through its acquired assets, The Now Corporation is seeking to invest in our businesses associated with the growing, marketing, research and development, training, distribution and retail sale of scientific-grade medicinal cannabis, both in the United States and Canada. At The Now Corporation, we unlock and advance medicine for human life around the world, at every stage of life.
For further information, please contact:
Ken Williams
Chief Executive Officer, The Now Corporation
https://thenowcorp.net
Legal Notice Regarding Forward-Looking Statements:
This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. That includes the possibility that the business outlined in this press release cannot be concluded for some reason. That could be as a result of technical, installation, permitting or other problems that were not anticipated. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of The Now Corporation to be materially different from the statements made herein. Except for any obligation under the U.S. federal securities laws, The Now Corporation undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise.
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