OTCQX:GTBAF - Post by User
Comment by
Goaweighon Nov 09, 2019 12:48pm
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Post# 30331450
RE:RE:RE:BR-36 and BR-37 drill results.
RE:RE:RE:BR-36 and BR-37 drill results.You're not talking about a bulk sample if it's designed to generate revenue, you're talking about small scale mining. To do that would cost us tens of millions to build a mill just to start and we couldn't begin to make any money on that scale.
You need massive scale to make money on low grade bulk tonnage mine.
Let's start at $ 500,000,000 and go from there.
That's Newmonts job, our job is to find them the mine feed and sell it to them in bulk for $ 2.5 or $ 3 Billion. flashcash wrote: If that is the smallest one still go for it, it would bring a lot of cash in and be very supportive of the share price. We have huge potential but are seen as an explorer and treated as one, that revenue would be a huge boost to the company and remove a fair amount of dilutions ahead if we don't.
my pennith worth.