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Banks Island Gold Ltd BKSLF

Metals & Mining Gold Industrial Metals & Minerals
Banks Island Gold Ltd is a gold producer with its operating mine in British Columbia, Canada. The Company also engages in the acquisition, exploration and development of mineral properties.


GREY:BKSLF - Post by User

Banks Island Gold Ltd
Bullboard Posts
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Comment by Mining_Engineer_UBCon Jun 08, 2015 11:23pm
169 Views
Post# 23809628

RE:RE:RE:NR - Record Production in May With 1,765oz Gold Sales

RE:RE:RE:NR - Record Production in May With 1,765oz Gold SalesAt CAN $1465 gold (approx. because it's partly dependent on the price of gold for the next 50 days or so) and multiplying by 1765 ounces payable gives a revenue of about $2.6M for May. The harder part is calculating the costs for May. I think it will be in the $1.6-$1.8M range given that they have an active exploration program now, but I can't say for certain- just my own estimate. It was nice to see the high volume and uptick in price today. Hopefully tomorrow brings us more of the same.
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Dealroom for high-potential pre-IPO opportunities