TCG 0.00% 21.0¢ turaco gold limited

gold approaching bfs base case price

  1. 833 Posts.
    As i type, gold is at 1365 and has broken the 1350 resistance that it has tested many times.

    http://www.cmegroup.com/trading/metals/precious/gold.html

    The above link shows the futures contracts for gold delivery for June 2015 to be 1370$ and over 1428$ for june 2018.

    In the event of MSR getting a hedge deal settled, we are likely to secure a favorable hedge between 1370-1400$ (As gold is likely to be delivered over several years throughout mine life).

    For those who don't know what i am talking about below is the link to MSR's Bankable Feasibility Study. Page 20.
    http://hotcopper.com.au/announcements.asp?id=619678


    I seriously do not understand why MSR is still below 50m market cap. You would think that with government support and low forecasted cash costs (backed by a BFS and not just management forecasts) this would have been over 10c. Oh wells... our time will come.
 
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Last
21.0¢
Change
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Mkt cap ! $157.1M
Open High Low Value Volume
21.0¢ 21.0¢ 20.5¢ $26.36K 125.5K

Buyers (Bids)

No. Vol. Price($)
2 51371 20.5¢
 

Sellers (Offers)

Price($) Vol. No.
21.5¢ 100000 1
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Last trade - 14.29pm 11/07/2024 (20 minute delay) ?
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