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Re: Spanky227 post# 82482

Thursday, 10/09/2014 8:59:20 AM

Thursday, October 09, 2014 8:59:20 AM

Post# of 130022
Just want to point out this would be per mining location. NBRI will have 2 locations on line shortly doubling that ounce per week from 45.6 to 91.2.

Next year they will begin rehab on locations 3-4. By running 4 locations efficiently, which don't get me wrong is an incredible task but this team can do it, that would push production up towards 180 ounces per WEEK.

This would be 780 ounces per month or 2340 ounces per Q.

Gold at $1200.00 = $2.8M with approx 50% of that total as profit. Or $1.4M.

Even at 750M shares that is a Q profit of .0019/share.

This isn't counting any production from the Fraser, Monte Cristo or Mt Washington.