Followers | 4 |
Posts | 371 |
Boards Moderated | 0 |
Alias Born | 05/10/2014 |
Thursday, January 12, 2017 12:25:09 AM
http://www.mining.com/web/chart-how-every-commodity-performed-in-2016/
http://www.tonogold.com/s/NewsReleases.asp?ReportID=690478&_Type=News-Releases&_Title=Tonogold-Strategy-Update
“…The NevMex project has remained on care-and-maintenance …”
“…Total costs (including shipping to China) are ~$55/t.”
“…off-take discount of 18% ($11/t)…”
“Tonogold's strategy has been … decided that delaying re-commencement of production, until we see signs of a price correction and/or confirmation of our ability to produce a higher quality product with increased margins, …”
“We strongly believe … that at a long-term sustainable price the NevMex project would generate positive net margins of at least $10/t, which exclude the benefit of any project optimization initiatives that we believe, can be achieved.”
Iron Ore was the number one performing commodity in 2016. The Iron Ore price is now in an area that presents, as Tonogold CEO Mark Ashley put it in the above noted TNGL press release “positive net margins of at least $10t, which exclude the benefit of any project optimization initiatives that we believe, can be achieved.”
How about some news on iron ore production at NevMex? What’s up with the project optimization initiatives? When is NevMex going to go into production? It’s been a year since our last update. Is anybody awake there at Tonogold? What is going on?
How about some News Mark Ashley!
Tonogold Resources, Inc. WARNING! This Company May Not Be Making Material Information Publically Available: http://www.otcmarkets.com/stock/TNGL/quote
Your Due Diligence starts here:
http://investorshub.advfn.com/Tonogold-Resources-Inc-TNGL-4288/
This is my humble opinion and speculation. This is not a recommendation to buy or sell. Please do your own Due Diligence.
#Tonogold #TNGL #IronOre #GoldMining #JuniorMinors #IronOreMining #SilverMining #Gold #Silver #Sonora #Mexico #MexicoMining #MexicanIronOre #CanamexCorridor #DeepFieldOpportunitiesFund #JordonMoelis #Moelis #DFOF #GustavoMazon #Mazon
#EddieSugar #EASadvisors #MarkAshley #TravisMiller #GustavoMazon #JordonMoelis #ComstockRoyalty
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM
Avant Technologies Launches Advanced AI Supercomputing Network and Expansive Data Solutions • AVAI • Apr 23, 2024 8:00 AM
BestGrowthStocks.com Issues Comprehensive Analysis of Triller Merger with AGBA Group Holding Limited • AGBA • Apr 22, 2024 1:00 PM
Cannabix Technologies to Present Marijuana Breathalyzer Technology at International Association for Chemical Testing (IACT) Conference in California • BLO • Apr 22, 2024 8:49 AM