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resourceinvest

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resourceinvest

Re: jrlinnovations1 post# 19868

Thursday, 05/05/2016 9:27:49 PM

Thursday, May 05, 2016 9:27:49 PM

Post# of 24248
You don't seem to realize that 2 million ounces of the 3 million ounces is Lucerne and that's recently stopped mining - why? Because it doesn't make money!!! The ounces you refer to aren't Reserves. Ounces of gold in the ground are only worth something if you can mine and treat them PROFITABLY. They have mined and treated less than 100,000 ounces over 4-years and lost a lot of money doing so. Your maths are just ridiculous.
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