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Gold/Mining/Energy : Corner Bay Silver (BAY.T)
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To: Little Joe who wrote (1685)12/14/2000 2:55:36 PM
From: john.d  Read Replies (1) of 4409
 
Joe, is was a general question to anyone. In the annual report the company indicates that the project has a mineable reserve of 106 million ounces of silver. The company further indicates in the report that the overall recovery rate for silver is 67%.

My question was, is the amount of silver which can be technically produced (ie sold to others) 106*.67 = 71 million or can the mine recover/deliver/sell 106 million ounces of silver?

If you don't know I'm hoping someone else might.

Thanks

John
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