GREY:MHGPF - Post by User
Comment by
Caribbeanmanon Mar 13, 2014 10:15pm
437 Views
Post# 22321196
RE:RE:RE:resistance soon gone!
RE:RE:RE:resistance soon gone!The only thing I can compare Mahida to is Sandspring since they are both in Guyana.
Sandspring up 5 cents today to .42 cents. They have...................
4,000,000 proven ounces in ground. No total for proven for Mahdia, all we know is they have some. But how much?
A feasibility study
A mine life of 16 years.
$1,000,000 more cash then debt.
$150,000,000 steaming deal with Silver Wheaton
Permits for Hydro electric plant.
We have no clue how much gold is in the ground at Omai. We don't know how large an area they consider to be mineable or grams per ton.
Management is going to have to be releasing more postive news to drive this bus. Unless they can define their resource and show what there grams per ton and production rate is, it's all just guesswork.