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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: onepath who wrote (74299)12/26/2012 2:11:43 PM
From: loantech  Read Replies (1) of 78405
 
ANV has the growth scheduled for hycroft to almost double double in 2013 180K to 287K in 2013 and 582 K in 2015. Add in hasbrouck and that gives another 135K not sure when.

I like Veris gold too. A recent addition to my PF. Used to own it as Queenstake. They did a 10:1 rollback and a recent financing to carry them through 2013. Stock has been very well beaten down like many. VG.t to produce 110K + in 2012 expected to hit 180K-200K in 2013. Lowering costs, and ability to "rent" the roaster for big income.

6,000 Tons/Day Roaster Mill at the Jerritt Canyon Mine - Valuable Strategic Asset

?Replacement cost of US$1 billion. No new roasters have been permitted in the past 12 years and none are planned.

?Toll milling opportunities - numerous companies with refractory ore in Nevada and surrounding region.

?The only roaster in Nevada and surrounding region with near-term excess capacity.

Potential to initially generate $50 - $75mm, cash cost target of US$550/oz and ultimately as much as $125mm in annual revenue credit, with possible cash cost reduction to ~US$400 - US$550/oz. >>>

VG does have open gold loans so buyer beware.

Still trying to decide if I want to own KGI, LSG, or CRJ again or not.
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