Costs are as follows:
Drill $250,000
Truck $100,000
Diesel $30 per hour
Labourer $35 per hour
Charge per hour:$5,000-$10,000 or $50,000 to $120,000 per day!
And yes it takes 10-12 hours to drill a single core sample sometimes more depending on depth ect
Nothing stopping CMY purchasing a drill and truck and doing the drill samples ourselves to save cash, after all we’re a penny stock that desperately needs to save its penny’s from now on to stay afloat, although I suggest the directors will see this as work so am not going to suggest this to Elizabeth or her superiors any time soon!
CMY Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held