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Revision as of 02:04, 2 May 2019

Especially when my customers want to know exactly what the total expense was in this business". Gradually, you shrink into the mentality thought of having to hide certain facts. You had to because people would run as fast as a deer when they found out how much money it actually takes.

iPhone Cases Several North American gold miners changed hands recently, as we documented in a recent analysis on the occasion of Silver Standard (NASDAQ:SSRI) taking over Claude Resources (OTCQB:CLGRF) so there is plenty of recent valuations to compare the Kaminak deal with.Goldcorp is paying $279 per recoverable reserve ounce; and $2,694 per ounce of annual production (averaged over Coffee's projected mine life). This valuation is very similar to Oceanagold's (OTCPK:OCANF) acquisition of the Haile Gold project about one year ago where valuations were for $318 per reserve ounce; and about $3,000 per ounce of annual production. The projected time lines to production are also quite comparable, as is the projected initial capex and mine output; as is our judgment: Oceanagold grossly overpaid for the Haile gold project, and Goldcorp is about to do the same.Consider this: Goldcorp is paying 5 times as much as Silver Standard paid for Marigold on per ounce valuations; and it's paying significantly more than Newmont Mining (NYSE:NEM) paid for the Cripple Creek Victor mine; or Kirkland Lake Gold (OTCPK:KGILF) paid for St.iPhone Cases

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