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

To: lbs1989 who wrote (2966)	1/12/2002 11:29:38 AM
From: russwinter	Read Replies (2) \| Respond to of 4409

<feeling on Sultan> Looks like a hell of a lot of one gram recovery stuff ($9-10/t at 285 POG), fairly low stripping. With grade that low they will need a huge tonnage operation (25,000 tpd using a 2:1 ratio gets down to about $3.50/t costs). And, they don't have any room for error to boot. Probably just going to require too much money to prove out and locate some higher grades to make it pencil better. I never owned this one, although felt it was a good attempt to find a deposit.