Nano GOLD!

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Geowizard
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Re: Nano GOLD!

Post by Geowizard » Sat Dec 22, 2018 4:17 pm

Profitable?

In general terms, "profit" is the loose change jingling around in your pocket at the end of the day. :)

Nano GOLD may run up to 3 troy ounces per ton. For convenience, let's say one short ton = one cubic yard.

Generally, "Profit" equals what we made minus what we spent.

Given a five cubic yard per hour operation;

"What we made" could equal 5 x 3 x 10 hours = 150 troy ounces of GOLD. (per day).

"What we spent" could be fifty sluices at $1000 each = $50,000 + fuel, labor, taxes, commissions and fees.

Do the math! :)

- Geowizard
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