Hi Mal, yes it was GoldBars that inspired me back. Among another thing.
The Maxwell pilot mining project has expenditure of only $450,000. Yes thats right - expenditure....straight from the companies mouth. You guys can't expect to be cash flow positive from a small "project" surely?
How many ounces will be achieved? 200? HEG is still cash flow negative and they are far more advanced in their mining program.
What about a decline, mining equipment, processing plant? Lets stick to reality.
MCO Price at posting:
11.0¢ Sentiment: None Disclosure: Not Held
