Welcome To The Golden Band Resources HUB On AGORACOM

Saskatchewan's SECRET Gold Mining Development.

Free
Message: Re: Charts & Comments - Kruger lake - Capital Cost Summary

Kruger Lake Deposit

I only find the Kruger Lake deposit, or the "Bay Zone" interesting, because its one of the few places that are not mentioned overall in the GBN.V lexicon.

I think I found the reference, finally here. Its actually called 'The Bay Zone':

http://www.ir.gov.sk.ca/dbsearch/MinDepositQuery/default.aspx?ID=2617

What are the odds that GBN.V conducted a SGH survey to span the distance between Bingo and Kruger? (500m wide X 8km)

One thing you might want to look at is the Capital Cost Summary detailed in the same report. Clearly the PEA is pessimistic in its outlook, calling for a $600/oz. U.S. gold price when its more than double that now. And the grade of the mine is far higher than planned, despite dilution problems:

Pre-production capital costs will easily be paid back by the end of summer!!!

source:

http://ow.ly/5ulNQ

-F6

Share
New Message
Please login to post a reply