Australia's largest stock trading and investment forum Australia's #1 stock forum

AQG

Click for more information

4.81%

$10.09 alacer gold corp.

Sulfide project and valuation queries, page-4

First 4 Last

Share
Profile

Follow
mumbly

163 Posts.

10

14/06/18

18:45

Post #: 33718396
Share

Originally posted by brianchu82 ↑

Hi everyone,

I have been posting in other gold mining stock pages and recently I noticed there is renewed interest in Alacer Gold from some of the seasoned investors and traders. So I decided to have a look.

I would like some more insights into why Alacer Gold has spent over $500m in developing their Copler Sulfide project that is expecting to produce around 150-175koz p.a. with low cost of US$700/oz or A$920/oz. Perhaps I am missing something here, since that amount of capex is equal to their current market cap. I have seen companies purchase mines that produce that much gold for a fraction of the amount they have spent.

I am curious and receptive to hearing from the veterans about this gold mining company. Think of it as helping out a fellow investor get their head around this. I have only looked at their 2018 Q1 results and the RBC presentation. Those do not contain the ore reserves information.

At this stage, I am working to do a cross-sectional study of some ASX-listed gold mining companies and their values based on their production, resources and reserves. So, you will hear more from me in due time.

Thank you for your time and happy investing!

Expand

So Brianchu......what do you think. Does the You tube commentary change your mind?

AQG Price at posting: $2.46 Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

LYN

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

ME1

Banshee's historic trenches prove rich in antimony and gold for GDM

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

HotCopper Highlights: Your most watched stocks for Week 46, 2024

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

EDE

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

AUN

Cyclone signs MOU with Vale for development of Iron Bear play

AN1

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

There are more pages in this discussion • 40 more messages in this thread...

First 4 Last

Add AQG (ASX) to my watchlist