SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : JAB International (JABI)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dr. Bob who wrote (2709)1/24/1998 7:20:00 PM
From: Brian Pastor  Read Replies (1) of 4571
 
Bob, your questions are generally answered by asking you to look to the company's press releases and some of the information supplied by people who atended the shareholder's meetings. 1) Lionel stated that BCMD can get 30 tons out of one shift and possibly more if a shift can do more than one blast (like blasting the virgin ore block and the pillars on the same shift) - that is 60 to 120 tons per day they can bring out of the ground running two shifts as they have been. As for actual, I'd defer to Lionel and whatever figures the company supplies. The company can easily achieve the black by the end of 2Q if they can mill 3000 tons per month, approximately 100 tons per day, extracting approximately an ounce per ton. Obviously this assumes an incrase in the milling rate, but that is not very far fetched when there is an additional mill on the property and Darlene's research indicated that the permits are in the review/approval stage. As for the ounce per ton, the company's releases indicate visible gold in both Pillar 4 and the virgin ore shoots,and I understand the definition of visible gold is over an ounce per ton so this is not a far fetched assumption either. Bob, happy to respond to your pointed questions anytime -- your skepticism is healthy. Also, why don't you enlighten us as to your detailed opinion on the Strandberg report which you asked me not to quote from.
Regards Bob.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News