source: company website
well, the inca one (TSX-V: IO) guys try to mine & mill some gold in peru on a small scale base, because there is no money for big(ger) resource projects out there anyway ... their existing mine is approximately 80 km away from lima, the mill 620 km away from lima, cash costs (total costs?) approx $900 per ounce ... a poor margin at the current gold price of $1,200 per ounce, wouldn't you say?
well, there is a bad bad bad blood bath in the whole resources & mining sector and unfortunately the gold & silver operations suffer most because of completely crashed gold & silver prices recently .... and yes, the junior mining stocks are down 70%-85% from their highs in 2011 as measured by the various junior miners indexes out there ... and unfortunately also approved by my 100+ mining stocks portfolio ... if you asked me, it is already as bad as the crashy 2008 horror, let's hope the mining markets will recover some day in the future ...
i could tell ya a lot about the company, its representatives, their hopes and plans, my hopes and my plans, but why should i? you can always go to their website, can't you? i could also speak about my still not fulfilled buy order a little bit ABOVE the current market price despite a day where gold is down next 3% and silver is down more than 4% right now ... well, there is not much trading in inca one's stock, you see? anyway, let's subscribe for their newsletter and follow inca's development in the future ... addendum on saturday: i've got few shares @ CAD 0.1 in the late trading hours, so yes, welcome my new golden portfolio fighter :-)
go gold bugs go and let's crash the fraudulent paper money system now :-)
anything else? coming soon or never ...
well, there is a bad bad bad blood bath in the whole resources & mining sector and unfortunately the gold & silver operations suffer most because of completely crashed gold & silver prices recently .... and yes, the junior mining stocks are down 70%-85% from their highs in 2011 as measured by the various junior miners indexes out there ... and unfortunately also approved by my 100+ mining stocks portfolio ... if you asked me, it is already as bad as the crashy 2008 horror, let's hope the mining markets will recover some day in the future ...
i could tell ya a lot about the company, its representatives, their hopes and plans, my hopes and my plans, but why should i? you can always go to their website, can't you? i could also speak about my still not fulfilled buy order a little bit ABOVE the current market price despite a day where gold is down next 3% and silver is down more than 4% right now ... well, there is not much trading in inca one's stock, you see? anyway, let's subscribe for their newsletter and follow inca's development in the future ... addendum on saturday: i've got few shares @ CAD 0.1 in the late trading hours, so yes, welcome my new golden portfolio fighter :-)
go gold bugs go and let's crash the fraudulent paper money system now :-)
anything else? coming soon or never ...
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