Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. Stock Boards ›
  4. Mining Global Inc. (MNGG) Message Board

Even short term mngg is very impressive ,congress

Message Board Public Reply | Private Reply | Keep | Replies (1)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 12259
Posted On: 09/27/2014 8:29:58 PM
Avatar
Posted By: bruzy
Re: kiddo #347
Even short term mngg is very impressive ,congress mine will be processing a 1000 tons a day [100 ounces=$120,000.00 a day]Most of us new that one already,but what is not talked about much is that keystone will be in full production by the end of this winter,mngg has 200,000tons ready to process 7 wells drilled and is installing a rock crusher and ball mill processing plant [my guess would be another 1000 tons a day].,both processing sites running at the same time would process 2000 tons a day.At congress mine mngg has to pay 50% royalties ,at keyston mngg has to pay 20% in royalties.So congress mngg will make about 40-50 K a day profit after royalties,,labor and other expenses and keystone it would be 60-70 K a day profit after royalties ,labor and expense,a combined profit of about 100K a day or about $2,000,000.00 a month profit by the start of spring.This is why Joel was able to state in the video that mngg would reduce the public float to 1 B by june 2015 and it would be under 500 million december 2015.It will be able to afford those shares even at a much higher PPS//imo//


(0)
(0)




Mining Global Inc. (MNGG) Stock Research Links


  1.  
  2.  


  3.  
  4.  
  5.  






Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us