any thoughts for this one for mining run / next four mos?
ABOT 08-24-12
Abot Mining Company ABOT-sampling are huge... this daytrade, wkly, midterm and longterm growth imho. production cost / $88.00 per ton
FORUM; http://investorshub.advfn.com/Abot-Mining-Company-ABOT-1841/ Founded in 1957, Abot Mining Co. (ABOT.pk) is a US based mining company engaged in the exploration, discovery and production of precious and semi-precious metals and metal properties.
http://www.abotmining.com/index-1.html Our project is in the Tecuala Mining District, which is considered a widely mineralized area and identified as a major deposit of gold and other minerals. The area around the Aztlan 8B has been extensively explored and is currently being mined by several known junior mining companies and geological institutions. We continue to evaluate adjacent claims to Aztlan 8B.
ABOT Security Details / Share Structure http://www.otcmarkets.com/stock/ABOT/company-info Shares Outstanding 814,337,072 a/o Jun 30, 2012 Float 153,352,366 a/o May 31, 2012 Authorized Shares 995,000,000 a/o May 31, 2012
per unit of production output to be up to $88.00 per ton
This cost does not include royalties, non-cash costs, corporate expenses, value addition of by-products, etc.
As previously stated, past surface trench testing by others on Aztlan 8B has revealed deposits of placer and epithermal gold deposits, where overall bulk sample feed grade ranged from 0.20 g/ton to 39.00 g/ton. Consequently, the cost estimate suggests that gold can be mined economically at the current gold prices and with average feed grade of 2 g/ton of Au and above
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