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Tronicta

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Tronicta

Re: TexasRambler post# 15669

Tuesday, 12/23/2014 12:58:39 PM

Tuesday, December 23, 2014 12:58:39 PM

Post# of 63744
I've seen 34k oz. Predicted for Q4 a number of times. Not being a miner, I don't know how high this probability is. It would depend on weather in the Congo, the quality of deposits they unearthed, etc. And other uncontrollable factors.

My question is, how much variability in production can there be given the known facts?

I suspect a profit even @ 30k oz due to the fall in crude prices. Maybe after being profitable two quarters in a row, Mr. Market might take notice as BAA being one of the few, sustainably profitable gold miners.
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