RE:RE:RE:RE:So whos speculation was correct????jimrockford wrote: I am not short term...In a brutal market, EQT have a shot at Voisey's Bay 2.0 and should have $600k a month profit by year's end...That is, fundamentally, one heck off a story...
Jim
Jim, Jim, Jim
You certainly gave it a great effort [pump] this morning......I have to commend you on that! But did you not read the press release?? How on earth did you come up with $600k/month by year's end??
My goodness Jim, are you not familiar with the gold sector?? Alta Foresta's resource is based on a cut-off grade of 0.3 or 0.5 grams/tonne!! That is "zero point three" Jim! And did you not at least glance at the Cajueiro Technical Report.....especially the "Recommendations"??
And it was most puzzling that this gold project is suppose to be a current producer, yet for some strange reason......Mr. Hardy failed [perhaps forgot] to state just much production there was. Hard to place a value on this aquisition without the numbers. Like, what are the current cash costs of said production?