GOLDEN PHOENIX MINERALS (GPXM)

[ItsAllCyclical]

Profitablity is obviously different than production costs. However, when I asked IR at what level LT they thought they'd be profitable at I was quoted approx $4. Many variables here was that pre- or post roasting? Also was that including lower grades or just the high grade stuff? I also asked that probably 1 to 1.5 years ago. I'll try to follow up w/IR this week and will get back to the board. Either way it's gonna be just a guess on their part until they get the mill up full speed and until they do more drilling to prove up their resource to see what sort of grades they'll be dealing w/LT.

Fairly long GPXM here as the price keeps dropping along w/the risk. Nice combo. TA wise a drop below .30 is still possible here, but I'll just add more. Like investments where time is on my side.