TSXV:MXL.H - Post by User
Comment by
Robfrodon Sep 22, 2016 12:13pm
122 Views
Post# 25265903
RE:Another Good Sign
RE:Another Good Sign
Again GXS is a great low CAPEX project with great fundamentals and a big part of my portfolio.
Another user asked me a question about the cost of installing an intensive leach reactor to recover >90% of the gold from their gravity concentrates while they are currently getting <50%. This is the logical next step for their development and will result in a huge rise in their share price.
I was just informing him that the cost of a leach reactor isn't the prohibitive factor but instead the loops they will have to jump through in order to permit intensive cyanide leaching at a small project in the middle of the Guyanese jungle.
The user who asked the question seemed to appreciate my input but I guess you only want people blowing sunshine up your butthole instead of being realistic.
Sorry.