Monday, June 23, 2008 5:08:57 PM
He says they are making 45000 tons a month at a profit of $150 per ton.
That would make this about a $10 stock.
He also claims that JV partner RYSMF is geting 75 oumces of gold a day at a profit of $600+ per ounce.
That makes them a $6 stock.
He says that Roland Larson is just a hard nosed SOB who doesn't care what anybody thinks and is holding back gold bars in Nevada waiting for the price to get back above $1000/oz.
Says RYSMF is sitting on $7 million in cash and waiting to spend $2mmm developing new mines at Sharpe.
Why they have to do this with $6700000 per month in profit makes me wonder????
Maybe you can ask.
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