| |
|
The Orko Silver Corp. website is at www.orkosilver.com.
Information Links: Yahoo News and Quotes | StockCharts
More Information Links: Knobias | Pan American Silver, La Preciosa JV Partner | Canadian Insider Trading | Candlestick Analysis |
Estimating Orko Silver Fair Market Valuation
|
Orko Silver FAQ (October 2009)
This report is based on NI 43-101 resource and reserve disclosures and fully diluted share counts available on 2011-09-22.
The GoldMinerPulse metrics, presented below in table format, are based on all projects and all in situ metals and are updated daily with closing market prices.
| General Metric | Value on 2012-02-03 |
|---|---|
| In Situ Metal Value per Share (MVpSh) | US$18.73 |
| Average Ore Value per Tonne | US$147.85 |
| Metal Value Leverage (MVL) | 10.33 |
| Market Capitalization as a Percentage of Metal Value | 9.7% |
| Recent Closing Stock Price | C$1.8 [note 1] |
| Fully Diluted Share Count | 142.12 M [note 2] |
| Percentage In Situ Proven + Probable Reserve | 0% |
| Percentage In Situ Measured + Indicated Resource | 71% |
| Percentage In Situ Inferred Resource | 29% |
| Metric | Value on 2012-02-03 |
|---|---|
| Silver Reserves + Resources | 72.06 M oz |
| Average Silver Ore Grade | 124.5 g/t |
| Market Capitalization per oz of Silver In Situ | US$3.57 ( C$3.55 ) |
| Silver Equivalent Ounces Estimate | 79.14 M oz |
| Market Capitalization per oz of Silver Equivalent | US$3.25 ( C$3.23 ) |
| Enterprise Value per oz of Silver Equivalent | US$3.15 ( C$3.13 ) |
Note 1: Conversion rate used: 1 Cnd$ = 1.00682 US$
Note 2:
- options (millions): 14.19 at an average price of C$0.58
All metal counts in this section are based on the combined Proven + Probable reserves plus the Measured + Indicated and Inferred resources.
| Metric / Metal | Gold | Silver | ||
|---|---|---|---|---|
| Total Counts (reserves + resources) | 137.85 K oz | 72.06 M oz | ||
| Metal Prices in US$ (from 2012-02-03) | $1,725.90 / oz | $33.63 / oz | ||
| Metal Value per Share (MVpSh) Shown in US$. Based on fully diluted share count | $1.67 | $17.05 | ||
| Percentage of Total Metal Value | 8.94% | 91.06% | ||
| Metal Value Percentage Proven + Probable | 0% | 0% | ||
| Metal Value Percentage Measured + Indicated | 73% | 71% | ||
| Metal Value Percentage Inferred | 27% | 29% | ||
The above metal value totals derive from the following projects.
| Project | Location | Metal Value per share (% total) | Average Ore Value US$/t | Gold | Silver | PP% | MI% | I% |
|---|---|---|---|---|---|---|---|---|
| La Preciosa | Durango, Mexico | $18.73 ( 100.0% ) | US$147.85 | 137.85 K oz | 72.06 M oz | 0 | 71% | 29% |
PP%: percentage of metal value from Proven + Probable reserves
MI%: percentage of metal value from Measured + Indicated resources
I%: percentage of metal value from Inferred resources
Note: percentages may no add to 100% due to rounding errors
Latest NI43-101 Report: Pan American Silver Corp. and Orko Silver Corp.
La Preciosa Silver Property, Durango, México
Preliminary Economic Assessment – Technical Report
2009-06-31 (227 pages).
Updates: August 11, 2011 press release details a PEA.
Project Location: Durango, Mexico in the Sierra Madre Occidental mining region. View the La Preciosa deposit on a Google Map.
Average Ore Value (all estimate types): US$147.85
Indicated
| Metal | MVpSh | Contained Metal Quantity | Ore Grade | Ore Quantity |
|---|---|---|---|---|
| Gold | $1.22 | 100.46 K oz | 0.280 g/t | 24.80 M t |
| Silver | $12.06 | 50.95 M oz | 142.000 g/t | 24.80 M t |
Estimate notes: See August 11, 2011 news release.
Resource quantities adjusted for ownership percentage of 45.0%.
Inferred
| Metal | MVpSh | Contained Metal Quantity | Ore Grade | Ore Quantity |
|---|---|---|---|---|
| Gold | $0.45 | 37.38 K oz | 0.170 g/t | 15.20 M t |
| Silver | $5.00 | 21.11 M oz | 96.000 g/t | 15.20 M t |
Estimate notes:
Resource quantities adjusted for ownership percentage of 45.0%.
| Banner ad GoldMinerPulse. |