When we last spoke with Trilogy Metals CEO Tony Giardini, the company was anxiously awaiting US Government approval of its 120 mile road connecting its Ambler Mining District with the famed Dawson Highway. That approval was the only thing standing between Trilogy and developing this huge mining district. And finally, after numerous delays, the approval came through and the project was green-lighted. 

The recently released feasibility study gives a glimpse of what's in store. 

  • Pre-tax Net Present Value (“NPV”)8% of $1.6 Billion and an Internal Rate of Return (“IRR”) of 31% for the base case.
  • After-tax NPV8% of $1.1 Billion and after-tax IRR of 27% for the base case.
  • At current spot metals prices of $2.94/lb copper, $1.09/lb zinc, $0.89/lb lead, $2,001/oz gold and $28.89/oz silver, the pre-tax NPV8% is $1.8 Billion and IRR is 33.8% and after-tax NPV8% is $1.3 Billion and IRR is 29.6%.

As shown above there's billions in copper, zinc, lead, silver and gold just waiting to be realized. And that's without taking the massive exploration potential into account. With $145 million in the bank and global partner South 32, the road ahead is indeed paved with riches. 

Trilogy Website

Ticker symbol TMQ on the TSX and NYSE


Direct download: Tony_Giardini_24.Aug.20.mp3
Category:general -- posted at: 4:28pm EDT

The pandemic will end, but what happens to economic fallout? The most important thing is that gold has hit multiple record highs. We had a slight retracement last week. Investors were buying the dip. GLD has had the highest volume on record. Silver has tripled since March, but it hasn’t hit the $50 levels of its past peaks. Gold could be ending the year in the $2200-$2300 range. Gary was predicting $2060 gold for now in April. Silver will challenge and break $30. If gold keeps moving, silver will hit the $40-$50 range and perhaps above. The Fed’s bailouts have no upper limits. They’ll keep buying bonds as long as it takes. No economic recovery on the horizon. Dollar could decline to 88 before all is said and done. Precious metals will continue to have intrinsic value as money printing continues unabated. It’s a race to zero. Mines were closed for several months and the US Mint ran out of silver rounds. $34 on this leg of the rally and on the next it could go well over $47.

Watch The Fallout After The Pandemic Interview here

Direct download: Gary_Wagner_18.Aug.20.mp3
Category:general -- posted at: 3:35pm EDT






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