Pure Gold Minerals (PUG)-TSE Message Board

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Gold/Mining/Energy : Pure Gold Minerals (PUG)-TSE

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To: ddl who wrote (611)	5/27/1998 10:34:00 PM
From: JKNF	Read Replies (1) of 1030

Hi Denis What is confusing about this announcement is that PUG came out with 160 carats in the first 100 tonnes of exploration data, and they go on to say that the resource is 1.1carats/100tonnes on over 3 million tonnes. Then how the heck did they come upp with over 160 carats , if the current plant is only processing 100 tonnes/ month, and then th4e release goes on to say that they are going to increase the output to 50,000 tonnes/ month, well if that is the case then what kind of recovery numbers can we put to this. In my opinion this is great news, just look at SUF, and what happened to them when they announced their venture, nothing, untill they started producing. I think that things will be great for PUG, only once they start prducing. Only my two cents worth Regards John

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