GOLDEN PHOENIX MINERALS, GPXM Message Board

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Gold/Mining/Energy : GOLDEN PHOENIX MINERALS, GPXM

GPXM 0.000001000

-99.0%

May 28 1:24 PM EST

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To: PayShhhhence who wrote (535)	9/23/2007 4:42:42 PM
From: PayShhhhence	Read Replies (1) of 811

Guys.... I made an error. 3900 lbs elemental moly is NOT the right amount of elemental moly in a SS. It is actually around 1977 lbs of elemental moly at THIS time.......we have done better in other lots in the past..... PROBABLY WILL GET CLOSER TO 2160 LBS WITH TIME. (a 4000 lb SS @ 54% elemental moly) The company has also since restated (a while back) that the expected mill output would be around 212,500 pounds of concentrate. I based $ calcs on SSs NOT elemental moly...... At this point in time it would take 55 SSs a month to meet this target of 212,500 pounds of concentrated or 58,731.75 lbs of elemental moly. I THINK we can achieve 45 a month........ At aprox $70,000 a bag we are looking at $3,150,000.00 a month IF all goes well. ALL I'm looking for at this time is the company to continue with the consistant production quarter to quarter over the next year......

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