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Golden Band Resources Inc GBRIF

Golden Band Resources Inc. is a Canada-based gold producer engaged in exploration, mine development and extraction of gold ores from its properties in the La Ronge Gold Belt in northern Saskatchewan and processing at its Jolu mill. It has assembled a land package in excess of 870 square kilometers (km2) that includes thirteen known gold deposits and four former producing mines, which were Star Lake, Decade, Komis and Jolu. The Company is mining at three deposits to feed the mill. These are Roy Lloyd, Greywacke and Golden Heart. Roy Lloyd mine is an underground mine extracting ore from the Bingo deposit. Golden Heart is located approximately nine kilometers east of the Komis mine and is accessible through a 17-kilometer mine road connecting to Highway 102 just north of Brabant Lake.


GREY:GBRIF - Post by User

Bullboard Posts
Comment by longtoothon Mar 30, 2012 11:50am
183 Views
Post# 19738795

RE: RE: RE: RE: RE: RE: Financing - I'll explain -

RE: RE: RE: RE: RE: RE: Financing - I'll explain -

So when will the company start working on a new Reserve for Komis?

 

You did not mention what is going on at EP?

 

You did not mention when the company will start working on a Reserve for Golden Heart?

 

It is impressive that the company actually turned a profit though and they would have had more if they didn't have to pay the high financing costs to Sprott, it is not an easy way to earn a living. I calculate daily revenues to be on the order of $150,000, just don't know the daily expenses (I would think on the order of 100,000 per day for that size of operation).

 

Fungi, you can all me all the names you want, it just demonstrates your immaturity and for a grown man of (I estimate) 56-59...

 

 

Bullboard Posts