I hope you are right but the grade will have to be a lot higher. The first lot, 840oz / 20500Tonne = 1.27 gm/tonne - not even a great grade for open cut mining. Out of the $2,100,000 from the gold, I estimate the company will get $100,000 by the time you take in all the processing costs etc. We are only going to get ½ of the profit.
GSR Price at posting:
3.7¢ Sentiment: Hold Disclosure: Held
