WWI 6.67% 1.4¢ west wits mining limited

THE 4 MILLION OUNCE BET, page-10320

  1. 384 Posts.
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    Grades vary incredibly here in Australia.Grade is not king.I invest in a few gold companies and always look at the bottom line.Open pit grades are very deceptive due to overburden removal etc.For example DEG grade for the first 6.8 million ozs is around 1.5gpt.I am not saying WWI will mine or anything else but their grade is 2.81 gpt varying to 4.5 as GRADE VARIES AS YOU CHASE THE SEAMS. Basically don't believe everything posted here.Look at Evolution and Newcrest grades at the two mines on top of the list.DEG has been a fantastic ride so far if you got in early and they are still 2 years minimum from production.80% of the gold miners never get into production but Deg was classed as a dud when i first entered at 5 cents.Anything is possible.Regards.
 
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