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surebob

10/27/14 8:43 PM

#2643 RE: maverick one #2640

Most of the iron ore in Mexico has a sulphur problem. The ore is not homogeneous. You can get sulphur in some parts of the mine and none in other parts.
You can still sell the ore, but at a deep discount. With ore at 80 a tons and not going up much in the future, this mine is in serious doubt. It is not profitable as of today
That is the big problem with Tonogold.