Re the gold expert......Many stockpiles are normally rehab...

Re the gold expert......

Many stockpiles are normally rehab liabilities,so there is a quandary between taking a quick buck on raping your mine for high grade ore which was always the downfall of most miners without a business plan before the appearance of the likes of NST and such operators always collapsed in a down market with no good ore left to mill and no money.

NST operational basis at Paulsens was monthly cash flow at a certain minimum profit margin for any ore milled and for months they would mine high grade to stockpiles and blend away lower grades if available when gold prices rose leaving them with a more valuable pre-mined resource if the market went bad.

They achieved 4 things.
Steady INWARDS Cash flow
Liquidated rehab liabilities at a profit and secured higher grade ore feed for times when they needed it.
Business continuation self Insurance with shift to higher grade ore stockpiles.
Extended the profitable milling life of their plant.

They are still in business and much larger than when I initially held at 4c or so a share price.
So much for so called Gold Experts.Eh.

Regards