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Mining Global Inc. MNGG
Posted On: 10/11/2014 4:55:45 AM
Post# of 12259
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Posted By: bruzy
Re: smartmoney #1440
Some of those questioned have been answered a few times;Buybacks will continue until dec. 2015 and float is under 600 million and 0S is under 1B[approx.]Right now we are going to focus on congress mine only,there is about 1.4 million tons[approx.] of ground up ore there ready to process.At 1 ounce to 10 tons that would be a 140 ,000 ounces of gold.We will process about 200 to 300 tons a day which is about $25,000.00 a day in revenue,half goes to mine owner and half goes to mngg.Right now nothing is happening there until all inspections are complete. There will be at least a 12 month wait until keystone production starts.Joel will have to answer the rest of your questions













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