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Gold/Mining/Energy : Precious and Base Metal Investing
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To: Elizabeth Andrews who wrote (25800)12/20/2003 4:36:18 PM
From: Claude Cormier  Read Replies (1) of 39344
 
<The most important thing right now is to get a clear idea of the silver metallurgy. If the silver recoveries are 60% or so, which is not uncommon, then the grade is not going to work. >

This appears clearly to be open pit. And this is galena with relatively low lead content, not a low recovery rate oxyde...80%+ is more likely. I think tonnage is the key here.
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