EXPM:HRTFF - Post by User
Post by
arh0070on Mar 12, 2022 10:03am
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Post# 34508837
Silver lake
Silver lake Its price is up 33% in the last three weeks so someone likes the stock and its prospects .
If the profit margin on an ounce of gold is 200$ and the price goes up 200$ the profit margin doubles .This is a point that Sprott often makes .I dont know what percentage of the costs of the Harte mine are represented by fuel costs but I imagine its fairly low .
Not sure why the price of fuel should go up so much in Canada ,its an energy producer ,
Wonder how electric cars perform in the cold winters of Northern Ontario ,not too well I suspect.