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Thanks for that GB. Some further great information there to put...

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Merrico

19 Posts.

26/07/16

10:02

Post #: 18365130
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Originally posted by Green Bull ↑

Thanks for that - very good post.

Here is a bit more information on the Second Fortune mine which will start producing gold/cash shortly:

View attachment 211543

View attachment 211544

At current gold price of $1,760 AUD the profit equates to approximately $38M - not bad for 2.5 years' worth of work, and that's just for one bit of the small mining area:

View attachment 211546

The small mining area is also only a small part of the total package of tenements in an area that is surrounded by some pretty massive deposits (over 20M ounces to be exact):

View attachment 211547

Hopefully we can get a BYR type run here which has run BYR up to a valuation of more than 5 times the valuation of EXC.

Happy days.

Cheers,

GB.

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Thanks for that GB.
Some further great information there to put it all in perspective. Not much left on offer today by the look of things.

Cheers.

EXC Price at posting: 7.1¢ Sentiment: Buy Disclosure: Held
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