= EGX THE GOLDEN TREASURE CHEST =
The Facts Make EGX Worth Way Over $2/sh. Today,
Statement by the President and CEO:
Elmer Stewart -
who established and started the EGX Gold Mines and
is the Frontiersman explorer from the West -
Founding EGX Father -
(btw. he isn't a lord from the monkeytown)
https://www.minesite.com/companies/eurasia_gold_corp.htm
www.eurasiagold.com
Statement by the President and CEO: Elmer Stewart
In 1997 the company changed its name to signal the new focus
of its activities and bought Centramining Ltd, a private
company with rights to four gold projects in Kazakstan.
The following year Eurasia acquired Andas-Altyn for shares.
This brought in two gold projects,
a resource of 850,000 ozs GOLD,
infrastructure with annual leach capacity
of a million tonnes and an operating entity
with 4 years experience in heap leach mines operations
https://www.eurasiagold.com/goldprod.html
Wheeler, I found this now!
Highlights from Q3, 2003 earning report ( in US dollars )
- amount of Gold produced was 8,596 ounces
- amount of Gold sold was 7,443 ounces
- average production cost for the 9 months
- was $246.00/oz (incl. cost for expansion of
- heap leach pads etc.)
- deduct the expansion cost of the heap leach pads to expand
- the EGX Gold production and You will find a production cost
- of about $200.00 per ounce
- Gold was sold at an average price of $362.89/oz
- revenue was $2,701,000
- net profit was $169,000 (only from 3rd Q3, 2003 earning report)
- plus the Gold 1153 ounce produced (produced in the 3rd Q3 - but still not sold in the 3rd Q3) -
- and to be sold at
- at a higher price
Best wishes,
CS
Think I will buy some more now. IMO
--
CS Thanks and *wishing good luck* with your little house in Basel!
Happy buying more EGX stocks! IMO, All the Best /W
