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

Feasibility Study:

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