my 2 centswith 80 ounces/wk to remain open, that’s about $228kso...

my 2 cents

with 80 ounces/wk to remain open, that’s about $228k
so about $2.74M/qtr. at 2850/ounce
if that’s the case, the gold has covered something like $580k at best.
580/12= 48.3ounces/week….not even close.
with the 5Mil shares issued just prior to halt, circa $350k cash, I’d be surprised if they remain open….

$580k/12=48.3ounces….
$580k + $350k = $930k (suspected shortfall in capital)
so cash derived from gold
$580-350=$230k
potential ounces produced
$230k/12=19.16ounces/week….if the gold was pure but recovery circa 85-90% minus refining expenses.

DYOR