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Tara Gold Resources Corp TRGD



GREY:TRGD - Post by User

Bullboard Posts
Comment by palladnon Nov 23, 2006 3:41pm
366 Views
Post# 11738332

RE: $21,000,000+ from new Au,Ag,Pb,ZN props? Hmm.

RE: $21,000,000+ from new Au,Ag,Pb,ZN props? Hmm.Hi lootfest, That's the $60,000 NET from $90,000 gross (minus $30,000 costs per 100 t per day @ ~$900 per ton (its more now as ZN about $2.00/lb))... The $21,000,000 is NET PROFIT from a Gross of $31,500,000. (I may be overestimating the costs at 33% per ton...but its always better to be conservative.) The other estimated amount of ~$11,000,000 profit to TRGD was from the 4 JV'd mines going into production on OPM/OPL. $11MM + $21MM = $32,000,000 NET PROFIT for TRGD if we do the new props ourselves. $32MM / ~82MM shares = $0.39024 EPS Palladn "2 base metal props...$900+ / t. With a mill nearby...if it can handle 100 tpd... 5 truckloads @ 20 t each = 100 tpd. 100 tpd x 900 = $90,000 gross...$60k net? (correct me on any of these #'s) $60,000/day x 350 days? = $21,000,000 net...to Tara."
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