The Company is ramping up its production and plans to achieve a sustained production rate of 400 gold-equivalent ounces poured per week, or over 20,000 gold-equivalent ounces per annum. Since pouring commenced, the Company has averaged 223 gold-equivalent ounces poured per week.
20,000 GEO a year....~$33MIL....not bad at all, that pays lots of wages, loans, fees, and supplies.
Long term....going above $5 in 2 years or so IF...they make goal.
short term...pull back.
I am happy with the 2000 shares added last week, but sold them into news for a better DCA....
Long term for a company to go from zero revenues to $35 MILLION in a year is remarkable
Hope the locals petition to get the haul trucks off the state hwy and back on to BLM land. That would be win win win for all....less dust, lower cost and tax money for BLM...
As far as I can see the "friends" get to eat dust toll that happens.
HEY crow.....we are mining!!!!!!