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Bullboard - Stock Discussion Forum Battle North Gold Corporation T.BNAU

Battle North Gold Corp is an exploration company focused on gold mining. The company's projects include Bateman Gold Project, Red Lake Properties, Nevada Properties, and others.

TSX:BNAU - Post Discussion

Battle North Gold Corporation > Wow...this can’t be good! Get out while you can.
View:
Post by Malton1 on Sep 23, 2020 4:18pm

Wow...this can’t be good! Get out while you can.

EOM
Comment by ManicMiner001 on Sep 24, 2020 8:20am
LOL. Malton you make me laugh. The entire gold market has been in a blood bath the last two days. When you make non-sensicle posts it just draws into question your whole motivation and credibility.  As I've said many times on this Bullboard let's just wait until we see the Feasibility Study which is due out in 2H20 and I would expect it'll be out shortly.  The Manic Miner ...more  
Comment by Malton1 on Sep 24, 2020 9:26am
I understand what you are saying manic but battle is NOT a gold producer and would not be so effected by gold price if it were not for some very disturbing under lying issues.  Can’t feasibly get the gold out if the ground and most importantly in order to get gold out and still make money they need gold at $2000 am ounce.  That is just not sustainable.
Comment by ManicMiner001 on Sep 24, 2020 11:56am
Malton, Again you pull numbers and wild statements  out of thin air and provide no facts. Did you not see a Preliminary Economic Assessment last year which showed an AISC of US$882 per Oz with an AIC of US$1100. That means on a US$1800 gold price with a full US$700 per Oz margin on 500,000oz of payable gold they would generate US$350M of FCF. The maiden Feasibility Study is expected to be ...more  
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