Agoracom: Small Cap Investment - Silver Falcon Mining - Re: September 2011 Assays have been posted

Oct 24, 2011 11:12AM

Garick

Oct 24, 2011 11:26AM

Oct 24, 2011 11:36AM

Garick

Oct 24, 2011 11:38AM

Oct 24, 2011 11:44AM

spiny

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Re: September 2011 Assays have been posted

in response to

posted on Oct 24, 2011 12:58PM

Excellent results!

Some quick calculations...

At 6 oz/t and 50 tpd, that's 10 oz/day or 300 oz/month. At $1600 gold, that's about $500k/month, or half the burn rate. If they double the mill rate to 100 tpd, they're at breakeven. At 150 tpd, they're making $6M/yr. Off of waste ore. Before they start mining the good stuff.

4 Recommendations

pic

Oct 24, 2011 01:44PM

Re: pic

Oct 24, 2011 02:18PM

Re: pic

bluesideup

Oct 24, 2011 02:28PM

bluesideup

Re: September Assays posted, but trading not kosher

Oct 24, 2011 02:40PM

Re: bluesideup

spiny

Oct 24, 2011 03:21PM

Re: pic

fade

Oct 24, 2011 03:34PM

Re:Assays

Majorel

Oct 24, 2011 05:40PM

Maxistheboss

Oct 26, 2011 03:04AM

Re: September Assays posted, but trading not kosher

Garick

Oct 26, 2011 10:31AM

Re: September Assays posted, but trading not kosher

Re: September Assays posted, but trading not kosher

Oct 26, 2011 10:36AM

dcbass

Oct 26, 2011 10:53AM

Re: September Assays posted, but trading not kosher

spiny

Oct 26, 2011 11:17AM

Re: 1st shipment