Re: San Gold is Moving Forward
in response to
by
posted on
Aug 15, 2011 06:46PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
I just finished listening to the broadcast. I ignored most of what they said because it is already in the financials. I listened to DAle and most importantly I think the question and answer period. I think that Barry cooper from the CIBC asked the toughest and most direct question. What is the head grade now and what is it going to be. The answer basically is .20oz to .25oz per ton (with the addition of the long hole equipment) but a large deposit (per Mr Pirie) which means they seriously have to ramp up the mill say 3000 to 5000 tons per day to be effective with the costs. This is not a Goldcorp for the forseable future. What they will find at depth for grade no one knows.