InvestorsHub Logo
Followers 10
Posts 618
Boards Moderated 0
Alias Born 11/10/2004

Re: TradeForProfits post# 99

Thursday, 03/29/2007 4:27:04 PM

Thursday, March 29, 2007 4:27:04 PM

Post# of 602
"The Mining Plan shows an initial 300 tons per day production after site works completion, for 35,000 to 40,000 ozs per year produced. As the underground development progresses the daily production will increase to 400 tons and produce approximately 50,000 ozs per year."

With gold trading at a little over 660$ an ounce, 50,000 ozs a year would be a little over 33mil.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.