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

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To: LoneClone who wrote (39051)4/28/2007 8:18:57 PM
From: E. Charters   of 78414
 
I don't know about that Magnesium stuff. That is entirely too theoretical, both from the standpoint of a workable process and having a market for the stuff. I guess you could sell it, if you could get it out. I dunno. There is all kinds of mangnesium out there (Allerston property, Timmins) you can even cut the stuff with a chainsaw.. but I have never seen anybody do anything in the area except make Talc.

The whole metal recovery process value, needs a mill to provide a high value con. For that I would do an ammonia process to work on the con. It does provide more profit in some deposits as you do not need a smelter and are therefore not at their mercy for feeds and penalty chargebacks (300 dollars a concentrate ton plus penalties -- could be 17 bucks a mined ton for their con), but before I signed off on it, I would like to see a feasibilty done on it. Process costs as not the problem really, but capex might be. I figure an ammonia plant to handle zinc, copper, silver and cobalt might be 10 mill. If that were the case then operation at 60 dollars a concentrate ton, and capex at 3 dollars a mined ton are very favourable. Net present (additional) value of the metals processing plant would approach 15 million dollars.

EC<:-}
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