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MoeHoward

01/15/20 8:43 AM

#2161 RE: buckdawg #2160

I'll believe it when I see it. They need to publish the filings too and extremely soon.

The problem with the smelter numbers is they already had the "independent assay" numbers. They should have shared that information. At least that way there can be honest communication between someone providing BS or someone reporting BS.

Regardless, they need to report a minimum of $450k from the 1500 tons to make it even feasible to continue. At least $250k of that goes to the loans, 2% to the lifetime mine fees, some odd $100k in monthly operating cost. I would only speculate, but $450k would be just over the break even point.