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Strategies & Market Trends : The Ego Forum

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To: LoneClone who wrote (12140)8/17/2014 10:09:06 PM
From: hubris33   of 12175
 
LOL! Good eye! Should we be grateful they aren't wasting any money on a professional PR person to come up with catchy headline phrases?

Kinda hard to take these companies that keep coming up with decent grades! <g>

But need to put those grades in perspective......

The RTG 1-3 gpt Au isn't anything to write home about on its own, though it is higher than the reserve grade, 1.06 gpt, that Osisko had and AEM/AUY now holds at the Canadian Malartic operation. Also RTG grades are higher than the grades that AR.to has at el Castillo Mine in Mexico @ 0.36 gpt and the Magino Project in Ontario @ 0.9 gpt.

But wait! There's more.... RTG also has Copper, Cu in that there rock! Grades of Cu at 1% to2+% are better than the world's largest mine Bingham Canyon at 0.46% and even better than McEwen' Argentinian play at 0.63%!

Oh and there is some Iron, (Fe) in there too for RTG in the 43-54% Fe range! That compares to the 45.3% at the Iron Mountain Mine operation that Palladon Ventures use to own.

So each of these reported concentration values RTG has are good enough grades to match or exceed that which other miners are working with, most making a profit! Is this a treble?

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1. Bingham Canyon
infomine.com
2. McEwen Mining - Loz Azules
mcewenmining.com
3. Canadian Malartic
yamana.com
4. Argonaut Gold - el Castillo & Magino
argonautgold.com
5. Palladan, Iron Mountain
palladonventures.com
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