JRV 6.98% 23.0¢ jervois mining limited

Quarterly report

  1. 94 Posts.
    There's gold in them there hills. I said it before and I'll say it again. Mining to start on 10,000 oz with expected profit $2.5-3mill from the Phoenix pit. This is like an Amway ad. but there is more to come. The parallel Dickson pit contains 20,000oz, and the reserves are in excess of 400,000 oz . Now maths isn't my strongest attribute, but crikey, there's huge earning capacity for a company that's capped at only $10mill.
    Just where do you think Jervois' price will be come Christmas with revenues rolling in. You won't be seeing 5c again. That will be a memory and me thinks Murray (the sunshine kid) has pulled off another deal. PS read the old book The Money Miners
    Cheers Mistybay The harder I work the luckier I get.
 
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