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Message: Re: Concentrate
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Mar 21, 2012 10:33AM
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Mar 21, 2012 10:58AM
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Mar 21, 2012 11:02AM

Those numbers are for the ore that needs to be reprocessed. Referring to it as "concentrate" as the PR did is typical weasel wording. It's actually ore that has been depleted by about 20%, not concentrated. At 40 tpd, it would take over 2 years to process the 31k tons they have stockpiled. Based on $150-200k/month mill costs, it would cost $3.6-4.8M to reprocess it to remove 20% of the $5.5M in gold, or $1.1M. Not exactly cost efficient I would say. If the mill had been running efficiently, they would have extracted that $5.5M already, and not have to spend 2 more years getting just another 20% of it out.

Once again, big thanks to CQ. He should be fired, and an experienced mill manager brought in to run the place competently. Does anyone really trust CQ to oversee the installation of the cyanide circuit or the mill expansion?

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Mar 21, 2012 01:01PM
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Mar 21, 2012 01:04PM
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Mar 21, 2012 02:17PM
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Mar 21, 2012 02:17PM
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Mar 21, 2012 02:36PM

Mar 22, 2012 01:48PM
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