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Bullboard - Stock Discussion Forum Andover Mining Corp. V.AOX

A precious and base metal exploration company

TSXV:AOX - Post Discussion

Andover Mining Corp. > AOX includes a hedge versus gold/silver
View:
Post by dosco on Jun 27, 2013 3:12am

AOX includes a hedge versus gold/silver

if the industrial partner realy makes a deal to sell limestone, silicat, etc.
and the economy is launching...then AOX will profit in a big way.

to be honest, I need a green position in my portfolio.

if the deal comes, anybody with an idea what volume and profit could be behind it.
cost of producing (historic chief documents and updated it to nowadays costs) and prices for these industrial products?

I am totally free of knowledge regarding these products...
Comment by dosco on Jun 28, 2013 3:25am
I just playing and preparing in case the last news becomes true... as I did it for my BGM position and others... I own... I only found an iron price but it depends on quality and concentration I ve no glue and no idea what the prices are/could be or will be for other products... I case we will see (and who knows if in these commodities market) a production of any or all of the products mentioned ...more  
Comment by yellowjack on Jun 28, 2013 2:14pm
What I hear for just the iron; is a cost of $40 a ton; with a value pr. ton of $100. That allows for a profit of $60 a ton. I don't know the  total tonnage that would be mined, but some numbers being banterred about are for projections of $100 to $150 million per yr. gross profits.
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