EXC 0.00% 4.3¢ exterra resources limited

EXC Production Scenarios, page-2

  1. 2,861 Posts.
    lightbulb Created with Sketch. 809
    Thanks for that - very good post.

    Here is a bit more information on the Second Fortune mine which will start producing gold/cash shortly:

    EXC 2.jpg

    EXC 3.jpg

    At current gold price of $1,760 AUD the profit equates to approximately $38M - not bad for 2.5 years' worth of work, and that's just for one bit of the small mining area:

    EXC 4.jpg

    The small mining area is also only a small part of the total package of tenements in an area that is surrounded by some pretty massive deposits (over 20M ounces to be exact):

    EXC 5.jpg

    Hopefully we can get a BYR type run here which has run BYR up to a valuation of more than 5 times the valuation of EXC.

    Happy days.

    Cheers,

    GB.
 
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