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gitreal

12/16/19 4:57 PM

#34407 RE: Thess #34406

Okay, I think it is highly unlikely, but let's pretend they do produce (and sell) 100 ounces of gold. That pays off the next note, or part of it anyway (it's a pretty big one, if I recall). But what pays for operational expenses?

This company is hemorrhaging money, and it will take far, far more than 100 ounces of gold to keep up.
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pedro17

12/17/19 8:15 AM

#34424 RE: Thess #34406

you mean 100 oz take away the 500.00 per ounce production cost = 100,000 not 150,000