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trucking 180km? that will be 20 dollars in trucking cost alone. How will that be part of being the lowest cost producer in the world?
Will crushing the ore to dust size going to be free? Or shipping to China going to be free?
until drilling is done and proven...without sulphur, this is world class dirt
Plus we are among the world’s lowest cost producers.....so let me get this straight in your process to be one of the lowest cost iron ore producers in the world....you will be: crushing the ore to dust size, several process to remove sulphur and upgrade the ore to 68%...
You will then load the dust into trucks to travel 100km, unload the dust at the rail spur, load the dust into rail cars, unload the dust at a patio, truck the dust to the loading area and finally load the dust on to the ship.
Please confirm that is what you want to do when you finally go into production....to be the lowest cost iron ore producer in the world
Thats a very long post to show you still have no proof that there is any profit
I thought Brad the Messiah had all the the money in the world?
I don't think we will ever hear the true story of this mess...like Manzanillo and maybe ole Bobby will leave the same mess in Acapulco for a hat trick
We are PRODUCING our overburden at a profit
Got any proof of that?
starring ole Bobby pump em and dump em Cotton
Ya, wasn't that the idiot who built a road on land that Bob didn't own? ROTFLMAO That was a classic to end all classics.
The thought of Sharon many names marrying ole Bobby? Yuk
Brad is Pesquero
There are thousands of claims next to mines around the world. Means squat. Tonogold has 1gm per ton which in today's world means the mine is not worth mining. Not even close....same as the iron ore mine
Who said we're here to help shareholders?
That's pretty funny ROTFLMAO
Knights Templar drug cartel took over the iron ore business in Manzanillo and the port of Lazero Cardenas until the federales came in and took it back.
When do you think they will start to move north to where Tonogold
is supposedly mining?
Plus we are among the world’s lowest cost producers.....add in crushing the ore to dust size, several process to remove sulphur and upgrade the ore to 68% and you will be the highest cost in the world.
You will then load the dust into trucks, unload the dust at the rail spur, load the dust into rail cars, unload the dust at a patio, truck the dust to the loading area and finally load the dust on to the ship.
Please confirm that is what you want to do when you finally go into production
brad is NOT pesquero- for many reasons...what are the reasons?
Lets hear them
Tonogold is now a producing mining company. We are producing our overburden at a profit....says who? This garbage is sold at next to nothing and will have to be processed before delivery.
That's your version of a world class producing mine?
The market has not recognized this because there has been no promotion.... promoting the processing of dirt? Yup, that's going to get the investing community excited.
Our drill program should show significant iron ore assets in the ground...didn't you say the drill program was completed last year? Oh ya, there was no money.
Tonogold is debt free and operating at a profit. Refer to the PR.
How do you know and can prove that removing this overburden can be done at a profit?
So why aren't they writing a check?
You forgot about the high sulphur in the ore. So high is this sulphur that they had to take a 18% haircut on top of low grade ore prices. So, what do you have? 100 million tons of garbage that will take so much money to process, it may not be worth the time...even if it prices go back up.
yet, you cannot raise a measly million bucks for this once in a life time investment.
Inferred resource? If you can't raise money for iron ore now, its next to impossible to raise any money for an "inferred resource" at 1 gm per ton for a tiny mine. Just like iron ore, your cost is more than the price of gold.
Add in the royalty cost and you know why Centerra gave you the mine.
at 1 gm per ton, this mine is marginal when gold is 1800 per ounce. At 1200, it is not worth anybody's time to even look at it.
By the way, any proven resource yet? Didn't think so
Again, China buys very little pellets. They can get all they want from many places around the world already. They don't need CWRN and their high sulphur ore. No infrastructure, no port, no electricity, no management.
ole Bobby was mining on part of Brad's ( Pesquero) concession. A royalty had to have been paid. Maybe he took shares instead. How would he get ripped off?
Pesquero was pumping this stock and giving praise to ole Bobby just to protect himself
Actually, maybe 10 years if you include ole Bobby's escapade in Manzanillo. And now that he is in Acapulco, how many more years can will he add?
I wonder if Mexican immigration knows there is a convicted felon there? Isn't ole Bobby on parole? Is he allowed to travel out of the country?
There are hundreds of mineable iron ore mines around the world.
How many are economical at today's prices or how many can get good management together?
I can't give it all away. You need to do your homework. Why don't you re-read say.....about the last 50,000 to 60,000 post to figure it out. Do you have a lot of time to spare?
Ask your inside investor "friend". He might give you more info or maybe he might tell you something you want to hear just to pass the gospel to others.
What race horses?
fertilizer and Sharon many names actually marrying ole Bobby
Pesquero is Brad
1) The results is a lab test. Big deal
Its not even a pilot plant test. Let us know which drug lab you used to get those results.
2) No indication sulphir can be reduced.
3) The biggest cost of mining is the crushing.
Did they do the math on what it cost to grind this ore to dust?
4) Do you seriously think your production will be lower than the big four?
5)55 is all in cost right now ( or so they claim ). Crushing this ore to dust on top of several process will result in the same price? ROTFLMAO
6) Tonogold goes from losing money right now to making 40 dollars a ton using a simple process. Why aren't you doing that now?
The lab work might be of the "chemical" kind
producing? What are you producing?
Additional test-work is now planned to include further grind size/recovery optimization work as well as sulfur reduction with the objective of eliminating the sulfur penalty previously imposed....the next stage is to grind the ore to 200 mesh or 74 microns. That will be super fine dust which has a limited market in China...but no guarantee that sulphur can be reduced. The cost to grind that small will be very expensive
They have come up with IMO a hair brained idea to try improve FE? ...do they know what it will cost to grind ore to 150 microns?
we have positioned ourselves such that we are effectively protected from the current price weakness."...ya, by not producing any iron ore. Any mine in the world can say that
iron ore pellets...may cost a couple billion dollars or more to build...in the middle of the desert
IMHO the next 6 to 9 months are going to be very interesting for Tonogold shareholders. .......you said the same thing 6 months ago and the stock tanked into the ground.
What's you next prediction?
Could you summarize Ashley's fundraising or lack of regarding APEX Minerals and why he got the boot from the company?
Maybe that will explain why he has such a hard time raising money these days?
So why are you talking about it?