Wednesday, May 01, 2013 2:53:01 AM
The current processing capacity of the mills is 470 tons of ore per day. Based on this capacity, the Company is projecting revenues to exceed $11,500,000 for 2013 with projected profits of $2,400,000 up from $1,838,664 for the year ended Dec 31, 2012. Historically the company had revenue of $861,100 with a loss of $234,993 for the year ended Dec 31, 2010. For the year ended Dec 31, 2011, the company had revenue of $5,472,194 and profits of $660,243. For the year ended Dec 31, 2012 the company had revenue of $8,180,127 and net profits of $1,838,664. The company is showing excellent growth and expects to continue this growth during 2013.
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