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Re: StockItOut post# 10899

Tuesday, 08/30/2022 10:48:59 AM

Tuesday, August 30, 2022 10:48:59 AM

Post# of 25748
What are you even talking about in this statement?

Brookmount purchased potential, that another mining company previously gave up on.



Where is this stated?

All In Sustaining Costs (AISC) are currently at all-time highs. Typically mining companies leave a mine with deposits when its too cost-prohibitive to keep producing, where all the equipment and production set-up is already there in place and operable.

Where's the electricity to come from at this new location?
Where's the mill?
Where's Brookmount to acquire the rock crushers?
What's the tailings set-up?
Environmentally friendly?



That is a them issue. We have no clue how easy it is to get to the geological veins, the cost, any of that. Clearly they did a cost evaluation and what it took to make money on the property. We will see how it turns out.

Let's see if they do it. Until they fo is why gold miners trade at fraction of to 2X maximum book value.



Simply untrue.

https://seekingalpha.com/article/485231-gold-mines-p-e-ratios-vs-interest-rates
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