drbubb Posted October 13, 2006 Report Share Posted October 13, 2006 Battle Mountain Gold Exploration (BMGX-BB) : A ROYALTY CO. MarketCap: $42.9 Million = 77.3million shs x $0.60 ($46.4mn -$3.5mn from X) prev. 42.5 + 12 + 11.4 x2 = 77.3 mn f.d. after royalty transaction ? NOTE/ Issued: 11.4 million units at $0.31 cents/unit. Each unit is comprised of one common share and one full warrant exercisable at $0.31 cents. The remainder of the purchase price was funded by the issuance of a $2,000,000 exchangeable subordinated secured debenture and 12,000,000 common shares to IAMGOLD Corporation Daily Weekly ... update : Daily chart About BMGX Battle Mountain is a gold royalty company headquartered in Reno, Nevada. Battle Mountain has a diversified portfolio of thirteen producing, developing, and exploration gold royalties in seven gold producing countries. ROYALTY PROPERTIES================= Low Risk, High Value Royalty Income Battle Mountain is building shareholder value by developing a portfolio of royalty interests through acquisitions and exploration. Battle Mountain presently has Net Smelter Return (NSR) royalties on eleven properties, as detailed in the table below. Click on each property to link to the operators' property websites. Mine Asset====== Location==== Operator===== NSR Rate Williams (Hemlo)..... Ontario..... Barrick, Teck 0.72% El Limon/La India..... Nicaragua... Glencairn.... 3.00% Don Mario............... Bolivia..... Orvana....... 3.00% Dolores*................. Mexico...... Minefinders.. 1.25% Joe Mann................. Quebec...... Campbell..... 1.50% Sequenega Property. Burkina Faso Orezone...... 3.00% Relief Canyon.......... Nevada...... Newgold...... 4.00% Lluvia De Oro Mine... Mexico...... Private...... 2.00% Night Hawk Lake...... Ontario..... Night Hawk... 2.50% Marmato................. Columbia.... Private...... 5.00% Vueltas de Rio Mine. Honduras.... Rio Narcea... 2.00% * Mine Plan calls for a mid-2007 start date Compare with MarketCap of key companies... Base Multiplier x10 Symbol ShsOS x Price = MktCap : NSR % x 10 PctxMkCp : Deposit MFL.t: 47.7m xC$10.00= $ 423m : 1.25% 12.5% $ 42.3m : Delores ORV.v: 114.7 xC$ 1.38= $ 158m : 3.00% 30.0% $ 47.5m : DonMario GGG.v: 171.m xC$ 0.74= $ 127m : 3.00% 30.0% $ 38.0m : ElLimon COL.v: 61.5m xC$ 0.63= $34.6m : 2.00% 20.0% $ 06.9m : LvdeOro =====: ===== ========= ====== : =========== ======= : 3 co's ..... ......... ...... : ........... $134.7m BMGX-: 77.3m x $ 0.61= $47.2m : 47.2/134.7= 0.35x10 : 3.5Multiplier Link to comment Share on other sites More sharing options...
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