InvestorsHub Logo
Followers 13
Posts 491
Boards Moderated 0
Alias Born 05/22/2014

Re: None

Wednesday, 09/24/2014 10:34:16 PM

Wednesday, September 24, 2014 10:34:16 PM

Post# of 63744
Here's what you get for 43 million market cap.

900 million in assets
300 million debt

Mine #1 120,000 ounces per year at cost of $930 per ounce.
Mine #2 100,000 ounces per year at cost of $930 per ounce at 70% capacity

Mine#2 will be 100% capacity by mid 2015.

Both Mines #1 and #2 along with Production / Management costs are covered by current financing through mid 2015.

Both Mines #1 and #2 are profitable down to 930.00 per ounce gold.

Financing in October is for Mines #3 and #4.

43 million market cap?

Are you sure?

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.