Campbell Resources Inc.

  CCH.TO website

CCH.TO   /  Message Board  /  Read Message

 


 











Open Search


Keyword
Subject
Between
and
Rec'd By
Authored By
Minimum Recs
  
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board
Msg  2063 of 10055  at  8/31/2007 9:10:55 AM  by

BensonAnalyst

Copper Rand Gold production – another link found (from Quebec Government)


I found another link that documents the potential for huge gold production for the Copper Rand mine:

 

This link is from the Quebec Department of Natural Resources

 

http://www.nrcan.gc.ca/ms/cmy/2004revu/cop_e.htm

 

[Excerpt] “In Quebec, Campbell Resources Inc. is bringing the Copper Rand mine back into production in early 2005. Campbell Resources has spent US$58 million in infrastructure renewal, including centralizing milling facilities for both the Copper Rand ore and the nearby Joe Mann mine. Projected average annual production is 6800 t of copper and 56,000 oz of gold

 

Remember the gold is “free byproduct”  (only at Copper Rand and “Cedar Bay”).  Copper Rand is producing now, Cedar Bay is just waiting to be brought back into production.). 

 

The Final Prospectus (filed in www.Sedar.com, September 2006) shows projections for production costs.  These costs are for each tone of copper ore, and the copper production will pay all expenses - The gold is “free”.   Note that even in the Prospectus (a “downplayed” document, in my opinion), they show that production costs will drop by more than half after a few quarters – it’s right on page 49.

 

56,000 ounce at a Canadian gold price of $708 is almost $40 million in earnings right there.  That’s just the gold, at just one mine.

 

--------------------------------------------------------------------------

This new link should be added to the list I documented here:

 

Copper Rand gold production targets – found new links that support “50,000 ounces per year”!

http://www.investorvillage.com/smbd.asp?mb=9985&mn=2012&pt=msg&mid=2885526

 

I also like this early drill result report:

 

Copper Rand gold production – the “disappeared” drill results

http://www.investorvillage.com/smbd.asp?mb=9985&mn=2013&pt=msg&mid=2885535

 

These recent posts will be put up on the website, probably over the weekend.

 



 
     e-mail to a friend      printer-friendly     add post to library      
| More
Recs: 0  |  Views: 461
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board
About Us  •  Members Directory  •  Help  •  Contact Us
Not a member yet? What are you waiting for? Join Now
Want to contribute? Support InvestorVillage by donating
© 2003-2010 Investorvillage.com. All rights reserved. User Agreement
Financial Market Data provided by Xignite.


Loading...