(Editor's note: Trading in TORXF is not very liquid. Investors with access to the Toronto Stock Exchange listings can find better liquidity with TXG.TO)
In this article I'll have a closer look at Torex Gold (OTCPK:TORXF) which is currently developing its large El Limon project on the Morelos land package in Mexico's Guerrero Gold Belt. I will provide a background of the project and will make my own calculations to determine the net present value using different inputs. Thereafter I will try to calculate what the influence of the 7.5% mining tax would be on the economics of the project.
I will also shed my light on the potential risks involved with investing in Torex, and I...
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