InvestorsHub Logo
Post# of 45567
Next 10
Followers 5
Posts 331
Boards Moderated 0
Alias Born 07/27/2004

Re: gump90 post# 32826

Wednesday, 03/02/2005 1:26:01 PM

Wednesday, March 02, 2005 1:26:01 PM

Post# of 45567
Well, if these assay reports are accurate, then whatever company bought the concentrate hit big-time.

Worth.....$1,600,000.000
Paid....... $500,000,000

That leaves $1,100,000,000 left to process just 137,939 tons of ore. No matter what method they use to extract the metals, they are looking at mega profits. Makes me wonder why Nevada Mining Co wouldn’t process this relatively small amount of ore concentrate themselves.

Willhub


"Life is tough. It's tougher if you're stupid." - John Wayne

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.