KAL 4.17% 2.3¢ kalgoorlie gold mining limited

cheapest gold stock or any stock 4 that matter, page-7

  1. 326 Posts.
    Where do you pull your logic from. 3% of resource value.

    Try this dumbo:

    1,400,000 ounces at a grade of 1.7 g/t = Sale Price $1.5Bill
    Less cost to get out of ground and process = $1.5Billion.
    Net Value = Nil.

    Let me know how you are going to mine and process 1.7 g/t material for a profit and then the market will give it a boost.
 
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