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Re: None

Tuesday, 02/11/2014 5:56:15 PM

Tuesday, February 11, 2014 5:56:15 PM

Post# of 1191
Confirmed - CMC will be a multibagger
Had email contact with the company:
"Once in full production in June, we expect to process 3,000 tons a month with an average grade of 0.50 OPT. We expect our cost to be $600 - $800 an ounce. If we produce 1500 ounces a month and our interest is 50% of the Radcliff mine, our profit could be anywhere from $300k to $450k a month with $1200 gold. We will also return a profit on the running of the mill. Remember this is an estimate only from internal projections and not backed up on an 43-101 report. I am confident we will achieve the numbers though."

With a current market cap of $5.2m (and a possble increasing gold price) the potential here is obvious smile