Millstream - interesting SH commentary....
production should even out at 80 tons/day of approx. .6 Oz/ton.
Present gold prices (US) puts us at about $33,000/day gross revenue.
That will definitely help the bottom line. When PP closes, add another 3,000,000 (CDN) to the Kitty. If that doesn't impact Share price, I'll have to re'evaluate what the H%ll the market is responding to. Based on MLM's current asset position, we should be trading at .45 minimum!
Potter reserve calc (which is in dire need) will be the icing on the cake $1 plus, for starters. Drilling to date is showing 3 fold (IMHO) what was originally thought to be in place as far as minable ore.
My guess is we'll easilly top 1 million tons of 1.5 % Copper, 1.5% Zinc, and economical values of Silver, Cobalt, and Magnesium. Not to mention, 460,000 tons of 1.5% zinc, and 3.5% magnesium tailings, which Bactech should be scheming to build a bio plant at the Potter Property.
So, we've got capital, short term and long term revenue potential, and a great business plan
minimal Risk, great return potential.
Go MLM GO
Piper.. |
