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: AuBug who wrote (43095)	6/22/2007 5:56:58 PM
From: E. Charters	Read Replies (2) of 78426

jeez love a geo controversy. So who is brain dead.. reids or us... votes? 1 million oz. isn't much. I can put that much together in three properties no problem. 100 dollar cost presupposes a grade of say 0.05 at 5 dollars a ton heap leach. It cannot be that. So it has to be 0.10 opt at ten dollars. But the equipment can cost that or more. Of course I have seen figures of 4 or 5 dollars to r and h-l. So maybe. hmmmmm... maybe. rip and heap-l is not that expensive. low capex. what did they needa partner for? if they had one million heap leach they don't need a partner. we could do that on si with 20 thou each from all the people who have bookmarked this site. and retire millionaires I might add. someday the collective g&sjrmt&p will see that penny drop. just a hint. 2800 holes to outline 1 mill ounces is a bit much. even shallow holes. At least 20 dollars an ounce already. Could have done that with 300 holes or less. We have 110 holes in one body and it is 160,000 ounces already. Needs about 100 more for confirmation I guess cause its narrow vein. These lower plate rocks should not need that. EC<:-}

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