NYSEAM:RVM - Post by User
Post by
GOLD8888on Nov 09, 2006 10:46am
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Post# 11648009
Earnings out
Earnings outNot much to say here...... Way low amount of tonnage a day for quarter...... Getting the tonnage up to 4,000 tons a day makes pure profit for this company and 2,400 tons a day just does not cut it.
Company is hiring "trainers" to increase productivity ???????
Weird.... but okay ... whatever..
All said, still very optimistic on the stock, because it's value is in the massive silver/copper reserves in Rock Creek. I see the Troy mine as only a trial mine and proof of concept for the much larger Rock Creek mine. If Troy can make money, then Rock Creek would be a monster profit maker (double grades of both copper and silver). This is based on the fact that they both will use similar mine structure (pillar) and they both have similar metal content.
Anyway... get the trainers in there and whip those miners into shape.