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Wednesday, April 06, 2022 9:10:07 AM
Can process 50 tons per day, 250 tons per week, let’s say they average .16 ounces of gold per ton. That’s 40 ounces of gold per week, gold averaging $1,900 an ounce, that’s $76,000 a week.
Now, let’s say it costs $700 to harvest each ounce of gold, giving us a cost of about $28,000 a week in operational expenses for said 40 ounces of gold.
There’s potential for $48,000 profit per week not factoring in any other precious metals such as silver, nickel, copper and so on that could be harvested.
Chris Torres and company are the real deal. Not too shabby for a junior miner that is just entering their second year with a real management team pulled together last spring to execute. Block the noise, the FUD spreaders here are HODLing just as many if not more shares than you and they don’t want you to make any money.
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