Friday, April 01, 2011 7:25:55 AM
Its seems to me this is a pivital factor which NEEDS to be expanded on.
The 105 ozs should fetch about $150,000, that alone without ANY
diamonds COULD represent a profit. At 6ozs per ton of concentrate, 20 tons would more than double acuall gold numbers, and definatly put us in the profit zone.
There are 2 reasons I feel this needs to be made known, hopfully in the upcoming PR.
It has been suggested (not promissed) this will be a profitable season. We all know the season is far from over, yet if it could be at least inferred that we have already succeded early in the season to show a profit, even a small one, this would be a big plus for us.
My reasoning being, on paper,these ozs from conc. will be lumped in with Q2 figures. So with them waiting as long as possible to post Q2 figures, a real profit will not be officially posted untill at pinksheets untill the end of sept.
For most of us that know this process, there may be no worry. But there are lots of investors that will not jump in before.
I am going to try to express this to John today. I am not trying to hog the spotlight, but I hope by letting others know, it may ease the number of calls John may have to deal with.
GO SGCP< LONG AND SRTONG
Colts
ZenaTech, Inc. (NASDAQ: ZENA) Launchs IQ Nano Drone for Commercial Indoor Use • HALO • Oct 10, 2024 8:09 AM
CBD Life Sciences Inc. (CBDL) Targets Alibaba as the Next Retail Giant for Wholesale Expansion of Top-Selling CBD Products • CBDL • Oct 10, 2024 8:00 AM
Foremost Lithium Announces Option Agreement with Denison on 10 Uranium Projects Spanning over 330,000 Acres in the Athabasca Basin, Saskatchewan • FAT • Oct 10, 2024 5:51 AM
Element79 Gold Corp. Reports Significant Progress in Community Relations and Development Efforts in Chachas, Peru • ELEM • Oct 9, 2024 10:30 AM
Unitronix Corp Launches Share Buyback Initiative • UTRX • Oct 9, 2024 9:10 AM
BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING • BASA • Oct 9, 2024 7:30 AM