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Strategies & Market Trends : Value Investing

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Lance Bredvold
To: IntoOLEDs who wrote (67926)6/22/2021 5:30:30 PM
From: FIFO_kid21 Recommendation   of 78958
 
How lucky! No offense but this news release should be illegal.

What the news release implies the value of the ore has to be worth more than $8080 per ton without any mining dilution at that production rate just for annual sales to be 3.2 billion annually. The Au ore grade would have to be greater than 140g/ton where the highest grade producing gold mine in the world is Fosterville at 33.9 g/ton.
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