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Re: resourceinvest post# 20653

Thursday, 05/26/2016 2:30:56 AM

Thursday, May 26, 2016 2:30:56 AM

Post# of 24248
It appears that one of my previous posts has been deleted so to put my last into context I repeat now what I previously stated that over the past 3-years since operations began the company has consumed $50 million, having poured 60,000 ounces of gold at an average gold price realized of $1,300 per ounce. To have merely broken even, the gold price would have needed to have averaged $2,100 per ounce over this period. The Ops never had any chance of being "economic".
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