re: ***315,000 ozs annual gold/e @ us$142/ounce!!* Plough,
It seems that you are very free with your words. No need to talk down to people like SP.
It gets worse when you are start pushing one of your own companies in that same post. Clearly you want people to invest in your company. Not a good idea advertizing it.
Manners, please.
The Chinese have got your company in a bind. First, the copper content is only from 0.4% to 0.52% (TYC has 0.64% and has gold).
So they let you do their drilling. However, to extract those metals, requires plant worth some $US1100 mill. IMHO.
The share price of your company ORC is only 12 cents (TYC: 52 cents).
Still, ORC will decide if it is economic; perhaps they may finish up with a small part in the end.
But I would rather have my cash in SMM (Yes, I can push stocks as well).
Gerry
Readers, please do your own research and you decide if and when to buy, hold or sell any stocks.
TYC
tethyan copper company limited
