Tag Archives: oil

Valuation of a mining company

Imagine you want to value a gold mining company “GOLDY Explorers”, which has 25 million ounces in resource estimates and 5 million ounces in reserves. How would you value GOLDY Explorers? The answer lies in the question itself, since what you actually want to value are the 30 million ounces in resource/reserves. However, you cannot… Read More »