Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: TheBusDriver who wrote (36152)	3/16/2007 12:41:21 PM
From: E. Charters	Read Replies (1) of 78419

waffle. The only thing that is relevant is does CKG need 800 dollar gold to make money on this stuff? 0.75 grams... heap leach that is 0.5 grams recoverable. Ten dollar gold today... How many tons of that do you need for a mine? 140 million? The need full milling to get the zinc.. which is low as you cannot get very good recovery on low zinc.. maybe 50%. The silver would be 60%. Gold 70. Maybe 16 dollar (US) rock. And they need lots of cash to build to scale at those grades.. no sinecure..

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