Re: Help for new investor
in response to
by
posted on
Aug 13, 2010 10:08AM
(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)
Andy,
Thank for telling us more about yourself.
Firstly, with all due respect, please let me correct some of your data by saying that, according the NR on the Prefeasibility Study (PFS), Tyhee's average operating cost is US$541 (not $520) per recovered ounce of gold. And, it's got 810,000 gold reserve ounces,i.e., proven and probable. Whereas it had, prior to the PFS, about 2.2 M resource ounces (measured, indicated and inferred).
Regarding adding reserves/resources from old tailings, that's a very interesting suggestion, one that I'm sure Webb must have considered. Perhaps you could ask him and share his answer with us?
Andy, Does TR have ~5.5M oz. in reserves , or in resouces (m&i and inferred)?
And, what do you do at TR?
My best,
Baires