valuations by brokers, page-3

Tas

Agreed. Why those who like a little risk can bet against official valuations and win hansdome returns.

In the OXR case, I dont see the risk that high. But prominant hill will have a 40yr production life producing in the range of 100,000 copper year and some 300,000 oz gold. Repeat - for 40yrs. That is longer than some peoples entire working life. Sepon would have over 20 yrs in it.

The risk is of course can the company ride the beast for 40yrs without comming acropper ? In OXRs case - I
think yes. But this is risk I take to get handsome returns.

If only LAF would behave like the OXR I would be a very happy man.

cheers