RE:Today’s AGM Presentation The existing mill is permitted for about 7000 tons give or take ... permitting is a process ... could take awhile ? Maybe not Agnico could PRB amd 03 11,000,000 ounces plus expansion. Look it will go quick ... more ounces gold rising up eventually a major will acquire to shore up there future mining. I will take 3.50-4.00 a share and it most likely will occur between the fall and the spring. The mill was not sold by the receiver.
7000 tons at 3 gms per ton with 90% recovery 580 Troy ounces per day ( dore rate of 0.80 ) = $ 1,500,000 / day or 45 million per month.... just some math!
GLTA