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14/04/16
12:32
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Originally posted by doodledog
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Back in again.
They are good readings.
The Kalgoorlie super pit operates profitably on Av 2g/t.
These gold assays of 5 metres at 9.1g/t Au, they are impressive.
Silver......35 metres @ 57g/t will come in handy.
And for less than 1.5 cents per share, you get a fully established, brand new,
freshly tuned up, working, open cut gold mine where they just discovered
more good gold 200 metres away.
Yes the company has many hurdles to clear but they have good gold being
mined and are finding more all the time, and within 200 metres of the
current open pit.
In my opinion, they have a future and will survive and prosper.
DYOH and GLTA
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Bit of a stretch. Superpit processing around 12Mtpa. Presentation says Mineral Hill processing 300-330ktpa. Not in the same league for any worthwhile comparison.