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Gold/Mining/Energy : Corner Bay Silver (BAY.T) -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (925)6/12/2000 12:09:00 PM
From: john.d  Read Replies (1) | Respond to of 4409
 
<I read 68% (or more)for the important start up pit (5 years production)and then 63% for the rest of the deposit>

I believe that the 63% number is a weighted average which includes the high grade recoveries, so I would assume that the recoveries for the low grade material is less than 60%.

As you point out the initial high grade material is 68% and I think we can expect a bit more since the cores are still under leach. Furthermore they talk about separating the two materials to determine if they can increase the recovery rates for both grades.

Overall I was hoping to see that Magic 70% number, but this looks OK.

John



To: russwinter who wrote (925)6/12/2000 12:37:00 PM
From: Claude Cormier  Read Replies (1) | Respond to of 4409
 
russwinter,

These numbers will end up higher as the leaching continue. On a 180 days leaching cycle we will get closer to 70%.

Expect a string of updates from the mining analysts and expect them to say "buy".


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