Replies to post #1014 on Tombstone Exploration Corp. (TMBXF)

[sweetlou]

Thanks for the update news on construction progress:
I note specifically in the press release that the current well is stated to meet the needs of the heap leach process and decrease expenses and that construction of the heap leach pad will start in May and gold production in 60-90 days.

These factors make TMBXF an excellent option to exploit gold rally:
1. Gold continues to gain given world events
2. Bonanza project allows TMBXF to produce gold more quickly than a typical time scale due to the logistical advantages of working initially with surface material.
3. Production costs are fixed meaning higher profits with increased gold price. Bonanza Project was started with gold in the range of $1100-1125 per ounce (as opposed to current $1700 range)
4. Per 20-F they have large tax loss carry forward to offset profits from Bonanza and limestone projects

https://www.tombstonemining.com/properties/bonanza-project

Junior mining stocks are benefiting from the overall outlook for gold and the above factors position Tombstone very favorably in an already favorable sector