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momoneynow

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momoneynow

Re: HDOGTX post# 483

Wednesday, 02/04/2015 3:52:00 PM

Wednesday, February 04, 2015 3:52:00 PM

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$19,966,400 in gold production in 2011. they are making 88-180% profit margin. This is huge!

'production costs ranging from $450-$670 a troy ounce'

'during the 2011 mining season, Cannon has produced 12,479 troy ounces of gold'

---->>12479*1600(averae gold price in 2011) = $19,966,400. Do the made at the low end profit margin of 88%!!

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110543099
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