InvestorsHub Logo
Followers 38
Posts 1131
Boards Moderated 0
Alias Born 06/04/2009

Re: badge0913 post# 39170

Wednesday, 08/19/2015 1:29:15 PM

Wednesday, August 19, 2015 1:29:15 PM

Post# of 63744
Wait until investors realize that this week was the height of the "get me out craze"!

Investors will have to pay up to get back in. Institutions will be after BAA because we will be in September then, and, BAA will still be operating...only now with two fully commercial operations. The company will then start the dog and pony show to institutions.

By the way, in my spreadsheet the increase in number of ounces produced is a far greater determination of revenue and income vs. the actual price of the gold sold right now.
A $100 increase or decrease in price of gold based upon $48500 oz produced is a difference in gross revenue of about $4-5MM=/-.
A difference in the amount of gold produced by 10K ounces is an increase or decrease of $11MM based upon a gold price of $1100.

The price of gold would have a greater effect after production stabilizes what ever that might be.


Just some thoughts...enjoy the ride. Coach T.

Enjoy the Ride!

Coach T

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.