1911 Gold Corp V.AUMB

Reopening of the True North mine?

[own_quality]

I can't imagine that the True North mine could not be profitably put back in production at today's gold price. They could mix in tailings to keep the mill running at 1200 tpd, or mine a little wider and suffer some dilution. Anybody know how much capex would be required to get back into ore production? You have to think at least Hecla is running the numbers. The mill alone is a $120 million asset. How much is the mine worth? I know Klondex put many millions into the mine. Then there's 53k hectares of very promising land, plus at least $8 million in cash and zero debt. Even at 4x the current market cap, this would be a steal. I now have 45k shares and I'm done. I think I'll make a huge profit very soon.

[omenbenz]

I start to be worried. Are they dumping on us? The stock price is declining day after day, bit by bit

[fifffi]

Yes! They are bankrupt... Tesla is a great buy though...it goes up and up. What are you waiting for?

[omenbenz]

I thought you were betting the stock to reach 1 dollar in a month 

[fifffi]

I'm not betting and it almost eventhough shortly. Now what is your problem? Get lost

[fifffi]

You could as well run like a girl before the boxing match with a poster that says give me your stocks as cheap as possible suckers. Do you think you find a lot of stupid people investing in this stock? People don't come here by luck.

[PeterThomas]

We need a new CEO.  In the promo clip for the Beaver Creek Virtual Confab, the CEO stated that at the current gold price ($2571 cad), the operation is not economic.    He retired from Tahoe in 2018, and he now retired at 1911 Gold.  He should retire elsewhere and hand the reins over to someone who can  do the job and perform and increase shareholder value.

[omenbenz]

I believe the new nominee (in the directors board) is a new CEO, no?