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Bullboard - Stock Discussion Forum Gentor Resources Inc GNTOF


Primary Symbol: V.GNT.H

Gentor Resources Inc. is an exploration stage company. The Company is formed for the purpose of prospecting and developing mineral properties. The Company’s wholly owned subsidiary is Gentor International Limited.

TSXV:GNT.H - Post Discussion

Gentor Resources Inc > RCT.V produces 140k Ag, 1,561 oz Au Q1,Q2
View:
Post by handyrandy321 on Apr 14, 2013 2:54am

RCT.V produces 140k Ag, 1,561 oz Au Q1,Q2

The CEO whose company (Luisman) was swallowed by Wheaton River (became a director) then bought by Goldcorp (Then he took the role of Executive Vice President of Goldcorp from March 2005 to September 2007) resides near the Mexican operation. Institutionally held by Sprott, Mackenzie, U.S Global, Libra Funds, TD and a couple of others bought at higher prices. Increased to three mine locations providing mill feed. ALONE property plant and equipment ($19 mil) worth triple more than the market cap ($4.1 mil). Dore bar induction furnaces to be installed at one of the three mine sites. Rochester will also produce more than ¼ million ounces of silver this fiscal year.

 

Fiscal 2013

Fiscal 2012

Fiscal 2011

Three Month Periods Ending

Nov 30/12

$

Aug 31/12

$

May 31/12

$

Feb 29/12

$

Nov 30/11

$

Aug 31/11

$

May 31/11

$

Feb 28/11

$

 

Operations:

Revenues

3,260,806

3,133,422

3,334,965

3,240,926

2,869,242

2,189,572

2,413,413

2,519,254

 

Cost of ales

(2,128,328)

(2,438,057)

(1,454,262)

(2,086,678)

(1,576,911)

(1,796,118)

(1,533,938)

(1,656,422)

 

 

RESULTS

Q1

(Jun. 2012 - Aug. 2012)

Q2

(Sep. 2012 -Nov. 2012)

Accumulated

(Q1 and ,Q2, 2012)

Tonnes Processed

17,390 Tonnes

17,009 Tonnes

34,399 Tonnes

Gold Grade

1.81 g/t

1.25 g/t

1.53 g/t

Silver Grade

214.32 g/t

216.86 g/t

215.58 g/t

Gold Recovery

92.85 %

90.76 %

92.01 %

Silver Recovery

57.66 %

60.34 %

58.99 %

Gold Produced

941 Ounces

620 Ounces

1,561 Ounces

*Gold Sold

926.866 Ounces

610.236 Ounces

1,537.101 Ounces

Silver Produced

69,097 Ounces

71,554 Ounces

140,652 Ounces

*Silver Sold

67,024.24 Ounces

69,407.840 Ounces

136,432.078 Ounces

Gold Equivalent Produced

2,148 Ounces

1,986 Ounces

4,134 Ounces

Developed Meters

1,295 Meters

1,467 Meters

2,762 Meters

Samples Taken

8,380 Samples

9,092 Samples

17,472 Samples


 

 


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