Excalibur Resources: 250tpd plant with commercial production in 2014
2014 Gold Producer (dividend planned) in Pinos Bonanza Gold District, Zacatecas, Mexico
Due Dilligence
Excalibur Resources Ltd. Links
Ceasar's Report : July 16, 2012
Excalibur is a high-risk high-reward play. There are no formal reliable studies, and right now Excalibur is nothing more than the owner of 49% of a mill and a piece of land. The proof of the value will be in eating the pudding. As Excalibur currently has 64.6M shares outstanding and 98.9M shares fully diluted. If we assume a 50% payout-ratio of the NPAT, we would expect distributions in the range of $2M per year, or in the range of 2.5-3 cents per Excalibur share.
Posted by:
FANTOMAS
on
Jul 21, 2012 06:30AM
Stateside Report: Quarterly Update on Excalibur
May 2012 Update from Vince Marciano
Posted by:
FANTOMAS
on
Jun 02, 2012 01:18PM