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Re: geodan post# 1250

Sunday, 06/25/2017 2:37:54 PM

Sunday, June 25, 2017 2:37:54 PM

Post# of 1870
3 articles Silver+Gold nearterm Plus NSU fixes copper issue

First up Silver looks very positive nearterm here https://seekingalpha.com/article/4083696-bubba-gump-silver-factory

2nd Gold moderately up https://seekingalpha.com/article/4083690-can-gold-fly-week-ahead

3rd and most important Article and comment after interview with upper management by investor in NSU 6-20-2017:


OK here is what found out on Copper circuit issue:

Talked with someone in upper management, appreciate him taking the time to talk with me.

1. They have not stockpiled copper concentrates that were not saleable as copper cons. They said that if they stored them or ran them through the copper circuit again oxidation would make them even worse, they sold them all as bulk cons and got only about 20% of copper value instead of normal 96%.

2. That issue is gone, since Feb they do have the copper circuit producing saleable copper cons. So financial results should improve a lot(me).
Total Reserves (Proven & Probable) Tonnes
(1000's) Copper % Zinc % Gold g/t Silver g/t
Primary 21,032 1.10 5.57 0.68 43.9
So based just on copper and zinc and the fact copper is about 2.2 times higher than zinc the copper should be 30% of revenue. And being they have been losing 76% of that revenue by my calcs they have been losing 22.8% of overall zinc/copper rev. The zinc circuit has always worked since they got into the primary ore. I am excluding gold and silver here FYI.
So JMHO we should expect about a 22.8% increase in overall revenue without an increase in expenses due to getting 96% of copper price instead of 20%. This is a BIG Deal, market has not priced this in yet.

See rest of interview here: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=132479773