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Re: gitreal post# 1063

Tuesday, 01/03/2017 5:51:59 PM

Tuesday, January 03, 2017 5:51:59 PM

Post# of 2842
git, copper concentrates generally run around 30% Cu or 600 lbs per ton or $1,200 of metal value per ton. 12 opt gold is worth $14,000/ton. Point being that there is a lot of profit to be made by all involved when smelting 12 opt Au concentrates (or even 0.4 opt). Throwing them away or shoving them in a corner and instead selling $0.05 shares is beyond ludicrous. Unless the gold content of the concentrates is actually nil (which it is).