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rarefind

07/08/13 8:47 AM

#40365 RE: Talc Moan #40364

nbri my guess their trying to figure out how to avoid opening the ruby this year.The cost to mine that old hole with un -even pay strikes and really not knowing if the price of gold keeps tanking which looks very likely at this point with the on going bear market in the metals sector.Nbri might not want to start opening the door to the huge debt load it will cost to open the mine then not to find enough to sell at a profit will roast this pigeon. Not to mention didn't they agree to sell the stuff for a 10% discount to the spot already......not very good when they might have only a 15% profit margin now..........2013 will be another big nada....imo