I bought more today in the hope of good assays, I figure if they have good gold grades, the other base metals will subsidise the cost of mining, imagine if all the base metals paid for The PMs to get above the ground, is it possible that this company could have 100% exposure to each ounce. Has anyone done the maths on the value per tonne in other metals, I guess the question I have... is the current inground resourse profitable without PMs, and if it is, imagine if the PMs were a bonus. 30,000,000 odd recovery ounces of silver, and who knows how much Gold & silver to come???
When it comes to pure play Gold/silver mines, is the cost that can kill... If the costs were subsidised by other metals.... Well what does the cost per ounce become?? Could the answer be next to nothing?
Love hear some thoughts on this, negitive constructive feedback welcome.
ARD Price at posting:
3.4¢ Sentiment: Buy Disclosure: Held
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