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Re: CASH IS K1N6 post# 19650

Monday, 08/24/2015 10:26:46 AM

Monday, August 24, 2015 10:26:46 AM

Post# of 55519
pays $44k annually for every 1m you keep on their deposit of 800M pounds of copper. They plan a 33 mine life, and are doing 1000 TPD now, planning on 2000 TPD shortly with a yearly rate of 25M pounds of copper produced.

Thats about $50M to $75M per year in revenue and about $20M to $30M net per year at current copper prices which are at a 52 week and 5 year lows today, of all days LOL.

If copper goes higher, net is more like $30M to $50M per year....

http://www2.barchart.com/charts/futures/HGU15


Penny Stock Analyst, not licensed, but may as well be...

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