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$$$ Pennies To Dollars $$$



$$$ Pennies To Dollars $$$ > Picks 12+ months > Looking at Premier Golds Future View modes: 
  • Looking at Premier Golds Future

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    4.5 stars

    My own calculations from the October Financing 

    This Flow thru share money must  be spent before the end of 2012.

    Red Lake Area  ........ - Rahill- Bonanza................................  $3,600,000

                                           - East Bay Project.....................................$500.000

    Trans-Canada             -Hardrock  Project ..............................$11,350,000

                                           -  Key Lake Project .............................      $500,000

                                           - Brookbank ..........................................     $ 750,000

    Non- Flow thru share money

    Nevada Projects. ( Saddle, Blue Sage, & Humbolt ) ........     $ 5,000 000

    Balance of the October funding

    Gereral Corporate and working capitol...............................      $ 4,175,000

    Total OCTOBER FUNDS  FOR 2012   ......$28,650,000

     

    Now lets add in 2012's February Financing

    Purpose                                                                                        $ Allocatied from Non-Flow thru Proceeds

    Rahill-Bonanza Project. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 7,500,000

    Hardrock Project. . . . . . .  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 16,800,000

    Saddle Project  . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . $ 19,300,000

    Repayment of a Portion of Long-Term Debt. . . .  . . . . . . . . . . $ 3,380,000

    General Corporate and Working Capital. . . . . . . .. . . . . . . . . . $ 1,782,500

    IMHO   New Total Budget Figures from both financings ( Oct & Feb  )

    Red Lake Area  ........ - Rahill- Bonanza................................  $11,100,000

                                           - East Bay Project.....................................$500.000

    Trans-Canada             -Hardrock  Project ..............................$28,150,000

                                           - Key Lake Project .............................       $500,000

                                           - Brookbank ..........................................    $ 750,000

    Nevada Projects. ( Saddle, Blue Sage, & Humbolt ) .......   $ 24,300 000

    General Corporate and Working Capital. . . . . . . .. . . . . . . . . .$ 5,957,500

    Repayment of a Portion of Long-Term Debt. . . .  . . . . . . . . . . $ 3,380,000

    This Total ( Does ot include any Feb Over Allotment ).........$74,637,500

    MY CONCLUSION

    I see a lot of money is now  budgeted for

    1..- Hardrock Project

    2...- Nevada  Projects

    3..   Rahill- Bonanza Project


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