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Re: joeblow110percent post# 2262

Monday, 07/21/2014 11:43:07 PM

Monday, July 21, 2014 11:43:07 PM

Post# of 3473
8. We will soon find out that we are regularly shipping thousands of tons or iron ore. We will see seven figures in incoming profits from those shipments on a regular basis.

Iron ore exports in mexico is at a standstill due new "government"
regulations and mostly as a result of the drug lords being involved in the business.

Also, with the price of iron ore being this low today and the low grade of Tonogold along with a 18% discount from 58% spot price ( see PP presentation that is constantly be referred to ad nauseam), this mine is break even or operating at a loss. Its doubtful any iron ore is being shipped