Friday, September 08, 2006 5:03:29 PM
In reply to: None Date:9/7/2006 5:47:06 PM
Post #of 9625
I just played the Petty interview over again,
and think that Mr. Petty addressed the total amount of profit anticipated from the tailings project will yield about $100 million total and the projected profit after the 10 crushing plants are operational is $2.7 million per month. If you want to listen to the interview, the link is at the beginning of the IHUB page and listen to the 11 minute segment thru the 15 minute segment and you will hear Mr. Petty describe in detail what the tailings project will do to raise the capital needed to start up the silver mining at Cerro Rico project. To really understand the long range projections of this project, you need to listen to this interview several times and pay close attention to Mr. Pettys comments about how they will raise the necessary capital to fund the mining operations at Cero Rico.
Hope this helps all inverstors current and pending further understand how FMNJ will pull off this venture. JMHO
Norel
Public Reply | Private Reply | Keep | Last Read Replies (1) | Next 10 | Previous | Next
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM