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Re: MU_Redskin1 post# 30539

Friday, 06/28/2019 7:43:17 AM

Friday, June 28, 2019 7:43:17 AM

Post# of 47639
The question would then be what is a "respectable" amount of gold ? From what Thompson posted, he anticipates, "With 1 g/t gold recovery we hope to produce 5,800 oz. gold and 35,000 oz. silver". Now that's about $8,000,000 in gold and $5250 in silver.Thompson doesn't say over what period of time he expects these results... 1 month ? 1 year ? biennially ?
Not too long ago I remember posting about a company that was anticipating a $500/oz. profit after all in expenses and they were thrilled with that figure.
So what is a "respectable" amount of gold and a dollar figure derived from its' sale ? And most important...over what period of time ?