Re: New Zone=more GOLD

Welcome To The Avion Resources Corp HUB On AGORACOM

Avion holds 80% of the Tabakoto and Segala gold projects in Mali. Gold production commenced at these projects in 2009 with approximately 51,290 ounces produced. 2010 production was 87,630 ounces of gold.

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Art27

Rank: Treasurer [?]

Points: 404 [?]

Votes: 8 Score: 3.1 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: New Zone=more GOLD

in response to

Re: New Zone=more GOLD

KingJames

posted on Jan 19, 2010 03:00AM

With POG $1130, cost of production $500/oz and roughly 330mil Fully diluted OS (not 100% sure as to FD OS though), producing 100k oz Avion Gold should be trading at $1.90 today.

If they push to 200k by 2012 as planned and you take the same numbers SP should come to $3.80

Things will change however. POG is projected to go past $1500 in 2011, cost per oz for Avion to fall down to $450/oz as they approach 200k oz number. If things go as planned and POG keeps going up this will be a $5 stock 2 years from now.