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Gold/Mining/Energy : CCB vs ZEN truth board -- Ignore unavailable to you. Want to Upgrade?


To: the Chief who wrote (949)12/22/2015 11:39:00 PM
From: RuddyMongooseRead Replies (2) | Respond to of 12350
 
Message #950 from the Chief at 12/22/2015 9:29:05 PM

and what about the "Rolling Resource" theory

I will let your imagination fill in that one. Here are the clues
We are doing a resource estimate for about 1 square mile of property for both Graphite and Marble.
Now here is where you will need the higher math skills.
We have applied for a mining permit for Graphite covering the property 90 sq kilometers.
Okay, now give it a shot as to how the Rolling resource will work lol

That rolling resource plan sounds like it will produce just enough cashflow to cover management salaries and operating expenses but there won't be much left at the bottom line to enhance the shareholder value.

The size of the property won't matter if the "costs to market" of the marble/graphite products make the Miller site uneconomical and for all your posting Chief you have yet to address the "net profit" question. You just spew meaningless pumptard BS when you don't attach any profit estimates to all the other cost numbers you like to throw around.

Why don't you "give it a shot" and give us a net profit estimate for the your Miller project?

Say..you got any idea who the UNSUBS are?