Hello all,
Please find below a link to an interview of interest with Keith Barron on the new gold stock paradigm.
He discusses the move toward quality ounces not quantity, low capex, cash-flowing deposits where you could move quickly into production, like TVI’s Balabag Gold-Silver project.
http://www.financialsensenewshour.com/broadcast/fsn2013-0427-3.asx
Balabag Gold-Silver Project
• First Dore Pour Targeted Q1/2014
• 273 holes drilled (31,752 meters)
• Open Pit initially, then UG
• Initial Mine Life 5 yrs
• Average mine production – 50,000 AuEqOz /yr expected
• Robust Economics:
NPV8% = US$91M after tax
Payback = 14 mths start Prod
CAPEX = US$25M
OPEX = US$516/oz Au equiv
[Au=$1,400/z; Ag=$28/oz]
• $23 M low interest project finance secured
If you have any questions please do not hesitate to contact me.
Best Regards,
Steven Feldman
VP, Investor and Corporate Relations
TVI Pacific Inc.
www.tvipacific.com