Ben's just trying to get some clicks. At a minimum, that article should have at least attempted to calculate a by-product cost per pound with the new level of gold ounces produced.
Sentiment: Strong Buy
Sometimes the miners do ok. Gina is Australia's richest women (some billions) and made her fortune in mining.
I think Perron is really Todd Hoffman...I enjoy watching the show and have followed it from the very beginning...It is typical of all the gold mining operations...Chicken one day and feathers the next....They can't wait to see what is in the next bucketfull. Gold fever is real and Ultra is a carrier of the disease...For every success story there are multitudes of horror stories and the chances of striking it rich are very slim....The show proves to me that no matter how much gold is actually found the miners will always spend more than they find looking for that unattainable strike ..That is why the typical miner looks like a welfare recipient on speed....
Tony did not impress me that episode last night. Spent $1,000,000 on a 75 year old pigeon poop covered dredge?
I do take your mining operation post with a lot of credibility. You need to stick with it right there since none are better. I hope you are right and have no reason to think you are not. Remember we are in the same boat on this one with a large amount of cargo!
You tried your best to mock me about my comments concerning the world economy a few weeks ago. I think time has proven me right. Maybe it will turn in Europe but I doubt it anytime soon.
Do you watch Gold Rush on the discovery channel? I think your real name is Todd Hoffman! I'm just yapping this morning with nothing really to say. So I will be waiting on your comment about me being high this morning, lol
Do, it is a (lame) pick. Vegas allows that bet... You don't have to lay points in a bet. Most do, but don't have to. Obviously it changes the payout.
Wow what a fun game to watch even though not a fan of either team. I told you all fsu would win but didn't know if they'd beat the spread. They did not. Meanwhile gators continue to disappoint! I wonder who will be the coach next yr because muschamp might not even finish out season at this rate. Sheeeez. Go Gators though!!
Admittedly, zero is a stretch (in the near term), but give it a few years.
Eventually they move closer to that mark in higher gold recoveries (leading to more output)
and gold prices.
LOM final recovery for gold is only 71%, but bench testing of bulk floatation of MM material repeatedly yielded initial rougher recovery approaches 90%. That it drops in the final analysis is a function of the process of concentrating (cleaning) the concentrate. I expect them to add separate circuit capabilities in the future, to zero in on gold lost in pyrite (and it's separation before it goes to TSF), and the cleaner tailings. Other miners are boning up their circuits and getting 80's final recovery on by-product gold when they do it. It's cost effective as well. I don't expect them to ignore this over the life of mine. Cheaper than secondary crushing, which they can wait a little bit on. But the trend in copper cost per lb. on a by-product will be down for MM.
Sentiment: Strong Buy
Time is exactly my friend, fool.
You can read, right?
In about 20 days, read the 3rd quarter 10-Q.
$0.25/lb. per lb.
Sentiment: Strong Buy
That not a pick, Private.
Do, wife and girlfriend will watch the game on TV. Guess what snack we have. Crab leg. Not the kind that some thug put down the front of their pant.
At halftime, Do will check in to see if Ultra got the latest prices from Rotterdam. lol!
As Blackhawk Fan say.....GO IRISH.
Ultra, with all of your "factual" postings and orations regarding TC you seem to be losing support from the board and your popularity is eroding...As the price continues to drop so does your credibility. Nice try though but it looks like time is not your friend...
The world has an abundance of gold and the price will continue to drop unless there is a cartel to monitor and regulate availability like in diamonds...Gold is more readily available than at any other time in history...It is way overpriced....
What a stinky pick that was. Let hope none of the posters here follow Do's advice.
One good thing about a football bet is the "wait time". It usually over in 4 hour. Not like a mine where you hear "be patient. wait two or three year".
Let this one be a lesson to you. When somebody tell you who is going to win a game, let that info go in one ear and out the other.