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//
Even short term mngg is very impressive ,congress mine will
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