Some people here are saying this gold mine can never be economical.
With grades of 14g/t average PLUS silver credits, what am I missing here?
"The Probable Ore Reserves are outlined below:-
? 620,000 ounces (19,000 kilograms) of gold (2,500,000 tonnes at 7.7
grams per tonne gold), and
? 410,000 ounces (13,000 kilograms) of silver (2,500,000 tonnes at 5.1
grams per tonne silver).
The Inferred Mineral Resources are outlined below:-
? 11 million ounces of gold (25 million tonnes at 14 grams per tonne gold)
? 7 million ounces of silver (25 million tonnes at 9 grams per tonne silver)"
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Mkt cap ! $9M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 17827747 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 2003468 | 7 |
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