KCN 1.30% $1.52 kingsgate consolidated limited.

Ann: Chatree Gold Mine Operational Update, page-17

  1. nk
    3,091 Posts.
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    Good news is by the time they hit 10,000 per month the gold price will be $500 per ounce higher than 6 months ago..it's win win!

    in fact the 6 year delay has left us with around 750,000 of reserves that are worth on average around $800 an ounce more now than if we had mined them...north of.half a billion bucks of pre tax cash flow, and that is the minimum because over the next five years in a gold bull market we might get another billion on top of that


    Just be patient....or in Thai "sabai"

 
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