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Inca One Gold Corp V.INCA.H

Alternate Symbol(s):  INCAF

Inca One Gold Corp. is a Canada-based gold producer operating two permitted, gold mineral processing facilities in Peru. It is engaged in the business of operating and developing gold-bearing mineral processing operations in Peru, to service government permitted small scale miners. The Company possesses a combined 450 tons per day (TPD) permitted operating capacity at its two fully integrated plants, Chala One and Kori One. The Chala One Plant is a full-service milling facility, with weighing, sampling and metallurgical test facilities on site, along with crushing, grinding and carbon-leaching circuits, full material handling, desorption, smelting and tailings disposal facilities. The Chala One Plant facility has a permitted capacity of approximately 100 tons per day. Kori One facility has a permitted capacity of approximately 350 TPD, which is located in the Arequipa region of Peru. It has-in house, metallurgical and chem labs, desorption and smelting facilities.


TSXV:INCA.H - Post by User

Comment by lscfaon Jun 15, 2022 1:45pm
339 Views
Post# 34758710

RE:RE:RE:RE:RE:WTF is wrong with this company?

RE:RE:RE:RE:RE:WTF is wrong with this company?

Although Inca one, Dynacor and others claim to be tollers they are not because they take risk by buying the ore from small miners, milling it and selling the gold. The risk lies in guessitimating the grade of ore in the miners truck load. Dynacor has done a better job at guessing than Inca One because Dynacor makes money and Inca One does not.   
 

 

RockLobster1 wrote: fair point, but I expect they get a % margin, so it can rise.  Correct me if anyone knows how it works.


Also a bull market will most likely increase amount to be milled.

The revenues in their fin stmt.... I assume this is the milling tolling fees, and not the gross value of the gold produced?  If not then yes that is misleading.  I will have to do some math on the production vs revenue.  But revenue was up 50% in first 9 months, so if that continues then operating cash flow will grow.

anyways I am no expert, just for discussion :)


 

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