Replies to post #1191 on GOLDEN PHOENIX MINERALS (GPXM)

[oneofsix]

As far as I can see...$12,500 daily is the WORST case scenario.
IT SHOULD BE MAXIMUM CASH BURN PERHAPS UNTIL THEY HIRE MORE EMPLOYEES.

As far as I could figure they obtained an average MOLY price per pound of $21.80

THIS price is minus 10% pending FINAL assays of the 12 bags.

I HAVE NO DOUBT THIS COMPANY WILL BE PROFITABLE...........

$2.5 MIL MINUS $312k LEAVES $2.25 MIL TO PAY OFF DEBT.... BUY BACK SHARES..... DRILL UP AND EXPAND MINERAL RESOURCES....HECK JUST TO HAVE OTHER OPTIONS, LIKE OWN A CONTROLLING INTEREST IN WEX.

: )