Home / Research Tools
Research Tools
| | Corporate Profile: Mill City Gold Corp
Publisher: Kaiser Research Online
Author: Copyright 2013 John A Kaiser
|
| |
Mill City Gold Corp (MC-V)
| Mill City Gold Corp, headed by Jim Brown, has for years been backed by Robert Cudney and key brokers at Jones Gable while it explored projects in Nevada. In late 2007 Mill City optioned 50% of the claims Temex had secured through its staking arrangement with Noront and Cdn Orebodies, and a decision was made to drop all Nevada projects except for a 20% carried interest in the Pony Creek deposit in the Carlin Trend where a low grade 1,426,000 oz inferred gold resource was outlined in 2004. Most of the Temex claims are in the northern part of the Ring of Fire (the Northern Star Eagle), including one next door to the WSR/Metalex 501 VMS discovery. The others are in the southwestern part of the ring (the Southern Star Eagle). An airborne mag/em survey was flown on 100 m spacing during early 2008 which generated 30 targets scheduled for drilling in 2008. |
Key to Understanding IPV Charts and Spec Value Hunter Tables
| An IPV Chart is a graphical presentation of a Spec Value Hunter table that has been constructed according to the Rational Speculation Model developed by John Kaiser. The IPV Chart allows speculators to identify which projects offer poor, fair or good speculative value in both absolute and relative terms. The speculative value depends on the project stage, the project's implied value as calculated by the company's fully diluted capitalization, stock price and net project interest, and the dream target deemed appropriate for the project. A dream target is what a project would be worth in discounted cash flow terms once in production. |
| Green background indicates the dream target judged appropriate for this play by John Kaiser - otherwise unranked. |
Poor Speculative Value -   |
Fair Speculative Value -  |
Good Speculative Value -   |
| Note: narrow arrows indicate IPV is outside the fair value channel but within 25% of the fair value limits |
| Click on the company name to view the company profile, the project name to view project details. |
| Click on the project icon if its background is shaded to get the IPV Chart for that company. |
Mill City Project Valuations
| Company | Project | Country | Stage | IPV $
MM |
$100 | UPV
$500 |
$2000 | Target Metals | Deposit Style |
| Key Company Projects |
 |
Mill City Gold Corp (MC-V) | Croxall |  | Canada | Target Drilling |
$11 | | |
| Gold | Porphyry / Vein |
|
|
| Peer Projects |
|
|
|
|
|
|
| Comparable Projects |
|
|
|
|
| Success Stories |
|
|
|
|
| |
| | You can return to the Top of this page
|
|
