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| | Corporate Profile: American Gold Capital Corp
Publisher: Kaiser Research Online
Author: Copyright 2013 John A Kaiser
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American Gold Capital Corp (AAU-V)
| American Gold Capital Corp was launched in 2001 as a Sun Valley Gold LLC controlled vehicle for the acquisition of "out-of-the-money" gold deposits. Its flagship project was the Metates gold-silver deposit in Durango, Mexico. Metates is a low grade system containing at least 3 million ounces gold and 60 million ounces silver. It is hampered by severe challenges such as refractory ore, acid generating rock, rugged terrain and a remote location which require a gold price well in excess of $500 per oz. American Gold also acquired the Talapoosa gold-silver deposit in Nevada. American Gold was delisted on February 23, 2007 following a plan of arrangement with Chesapeake Gold Corp. American Gold shareholders receievd for each share 0.29 Chesapeake shares, 0.145 warrants to buy Chesapeake at $8 for 5 years, and 0.029 Series 1 Class A shares. Each Class A share is convertible into 10 Chesapeake shares if during the next 5 years (with a 1 year extension in certain circumstances) London gold fix averages $850 or more for 90 days. On Feb 14, 2008 Chesapeake gave notice that this condition had been met, and each Class A share was converted into 10 Chesapeake shares. The value of each original American Gold share thus had an equivalent value of $4.52 on that day based on $6.75 Chesapeake and $4.17 warrant price. |
Key to Understanding IPV Charts and Spec Value Hunter Tables
| An IPV Chart is a graphical presentation of a Spec Value Hunter table that has been constructed according to the Rational Speculation Model developed by John Kaiser. The IPV Chart allows speculators to identify which projects offer poor, fair or good speculative value in both absolute and relative terms. The speculative value depends on the project stage, the project's implied value as calculated by the company's fully diluted capitalization, stock price and net project interest, and the dream target deemed appropriate for the project. A dream target is what a project would be worth in discounted cash flow terms once in production. |
| Green background indicates the dream target judged appropriate for this play by John Kaiser - otherwise unranked. |
Poor Speculative Value -   |
Fair Speculative Value -  |
Good Speculative Value -   |
| Note: narrow arrows indicate IPV is outside the fair value channel but within 25% of the fair value limits |
| Click on the company name to view the company profile, the project name to view project details. |
| Click on the project icon if its background is shaded to get the IPV Chart for that company. |
American Gold Project Valuations
| Company | Project | Country | Stage | IPV $
MM |
$100 | UPV
$500 |
$2000 | Target Metals | Deposit Style |
| Key Company Projects |
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American Gold Capital Corp (AAU-V) | Metates |  | Mexico | PEA |
$85 | | |
| Gold Silver | Porphyry? |
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| Peer Projects |
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| Comparable Projects |
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