Hebba Investments
Long only, value, contrarian, gold & precious metals

Premier Gold Mines: Recently Issued Hardrock Project Financials Metrics Show Significant Upside

Executive Summary

Recently Premier Gold (OTCPK:PIRGF) issued a preliminary economic assessment for its Hardrock project in Ontario, Canada. This economic assessment put some much needed financial metrics alongside the Hardrock project, and based on these numbers we believe that Premier Gold Mines offers investors a 25% upside in the current market based on the valuation investors are attaching to similar projects.

In this article, we will give a brief overview of the company (which will be important to back the assertion that our valuation is conservative), and then get into a valuation of the company based on its Hardrock project. We will do this by comparing this project to two other similar projects in the same region, and...

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