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Encore Renaissance Resources Corp V.EZ



TSXV:EZ - Post by User

Comment by JennyB2on May 08, 2010 12:02pm
462 Views
Post# 17077331

RE: RE: RE: Why Bash? Why Pump?

RE: RE: RE: Why Bash? Why Pump?
Yes indeed, Moneyloser...do the DD.....

"Gold is at $1208.00 today
If kinross processes 1000 tons. At 1.5ounce of gold per ton. This gives us a net profit of1.3 million dollar
profit. At 1 ounce of gold per ton gives us$700,000.00 profit
At 2 ounce of gold per ton will give us 1.9million dollars.
These calculations are within error of 10 percenteither way
Always do your own DD"

I didn't go to a Canadian Middle School so you will have to do the math for me wherein you show a PROFIT for 1000 tons of ore sent to Kinross. What, again, would be the cost to SL-EZ of Kinross processing any and all ores? What are the penalties imposed against the ore for the high sulfide content? WHat are/were the storage and handling costs associated with the ore before it was/will be processed?

Yes, I sure do want Moneymaker doing my accounting for me.

I especially like the part wherein you wrote, and I emphasize..." If kinross processes 1000tons". Why the "IF" when you are stating that a check for the proceeds of the Kinross processing is already in the snail mail on its way to the SL-EZ snail mail room?

While you are doing that math, and assuming there will be a profit from the hypothetical ore at Kinross, how much would be your share?
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