Harte Gold Corp. HRTFF

RE:RE:RE:RE:Re: Harte Talent !

[Birdman72]

BASTILLEDAY4U wrote:

Birdman72 wrote:

BASTILLEDAY4U wrote: $ 120,000,000 invested and counting, my calculations indicate 240,000 gold ounces required to break even using spot price of $1250 gold and a $500 profit margin per ounce. Using a $250 margin per ounce, 480,000 gold ounces required. 

Would help if you compared apples to apples instead of Canadian dollars invested  $120,000,000  to the US dollar price of gold $1250 in your calculations. Try converting the gold price to Canadian $1700 per ounce and you will find the ounces of gold required will be less. 
Strong and long
GLTA
BM72
 

Your bottom line is not getting $1250 u.s. per ounce or $1,700 can per ounce. The bottom line is receing this amount less the cost to produce it. $120,000,000 canadian invested = $93,823,200 u.s., feel free to do all this in Canadian funds, doesn't change much.

Yea just a difference of about 52,000 ounces of gold less required on your $500 an ounce profilt less to break even. 
hmmm lets see that 52,000 ounces  * your suggested profit of $500 per ounce is only $26,000,000. You must be very rich sir to think that $26,000,000 is not much of a change.

Long and Strong and still accumulating shares at this price.
GLTA
BM72