No need to be sarcastic tuke. I am not concerned in the least for SAR, which I think my comment already indicated. SAR has already returned me over 30% in a fairly short space of time and this is my second time into the stock. I just wanted to find out what MAT was about and so other of your comments are helpful in that regard.
It is useful to have a way of screening stocks on a comparative basis since there are so many gold companies of all sizes. This is only a rough and ready approach as a starting point and I do not recommend relying solely on that but to also gather other information from a variety of sources.
Maybe MAT is useful for trading in small amounts. The chart shows it moving in semi-regular pattern with a 60%+ range.
As for the Fortitude trial, the H1 report clearly says they sold at "$A1,655/ounce at 93% recovery" and the "C1 operating cost was $1,928/oz". Doesn't sound profitable to me.
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