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ALERTS, HOT STOCKS & CHARTS
Posted On: 07/11/2014 3:35:48 PM
Post# of 145365
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Posted By: StockMasterTalk
$TAMG Lanix projects that titanium and iron ore tailings from the Anaconda claim, which is a former gold mine, could initially produce up to 1,000 tons of raw material per day. This projected amount would generate approximately $1 million in monthly operating income or $12 million in annual operating income. These tailings are present on the surface or at shallow depths, greatly reducing the Company's processing costs and Lanix estimates that the mine will be producing raw material within 90 days.

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