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Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited
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To: Tomato who wrote (1466)10/25/1998 1:35:00 PM
From: teevee  Read Replies (1) of 2251
 
Hi,
The number used allowed a 20% dilution factor. IMO, it is simply being cautious. The people who did the scoping study also likely inflated capital and operating costs as well. Scoping studies simply provide economic parameters which may guide further exploration among other factors. I would like to think that as the tonnage and potential tonnage "officially" expand, we will see scoping study data at 3000-6000 tonnes per day. By the way, with 2.5 meter average thickness and solid country rock, dilution should be minimal. I hope this puts to rest your nagging question.
regards,
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