NGEX Exlporation NGQ.T
$515M market Cap
Los Helodas is freaking huge!!! 100%
- 1.1Bt at 0.42% Cu AND 0.19 g/t Au Indicated
- 1.0Bt at 0.38% Cu AND 0.14 g/t Au Inferred
Also own 60% in JoseMaria
- 656Mt at 0.36% Cu AND 0.26 g/t Au Indicated
- 326Mt at 0.33% Cu AND 0.19 g/t Au Inferred
Why is NGEX SO FREAKING AWESOME?!?!?!??! Check WRN... this company gets me SUPER stiff too.
WESTERN COPPER WRN.TO
$145M Market Cap
CASINO CASINO CASINO! Let me tell you... THIS CASINO GIVES YOU THE BEST ODDS ANYWHERE!!!
- 1.1Bt at 0.20% Cu AND 0.21 g/t Au Measured and Indicated
- 1.7Bt at 0.14% Cu AND 0.16 g/t Au Inferred
The latest Feasibility numbers are very robust!!!
Initial CAPEX... $2.46B Payback... 3.0 years
Mine Life... 22 years @ 120,000 tpd mill and 25,000 tpd heap leach (18 years)
Pre-Tax NPV @ 8%... $2.82B
Pre-Tax IRR... 24.0%
Annual Production... 171M pounds of Cu, 266M oz's Au, 1..4M oz's Ag, 15.5M pounds of Mo
My rule of thumb in mininig and finance. I want to see at leat $1 of NPV for $1 of Capex. Keep it simple stupid. Seems a pretty easy guideline from me to follow. So Casino PASSES!!!
NEVADA COPPER NCU.TO
$294M Market Cap
100% Pumpkin Hollow
- 732.1Mt at 0.37% Cu AND 0.03 g/t Au Measured and Indicated
- 225.1Mt at 0.31% Cu AND 0.03 g/t Au Inferred
Capex... $329M Payback... 2.5 years
Mine Life... 12 years @ 6,500 tonnes per day
NPV... $309 million @ 8% IRR... 28.6%
Production... 74.6 million pounds Cu per year declining to 67M pounds Cu per year