Re: Six Cents...
in response to
by
posted on
Oct 30, 2012 01:54PM
(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)
Interinvest has sold has it not? 400,000 shares in Sept in a private disposition according to canadianinsider.
Torex's gold Morelos project has an estimated $421/oz, $900M after tax @ 5% NPV and $1300 gold. Although production is slated to be at 2017, their project should garner interest in any company looking to add about 300k gold ounces to their production profile.
http://www.torexgold.com/s/NewsReleases.asp?ReportID=545207
Tyhee needs more institutional buyers to support its price and not just Interinvest.