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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: jackjc who wrote (14907)	7/1/2006 2:55:15 AM
From: E. Charters	Respond to of 78416

Implied Values contained in 2 Mt US $47.3 million Oxide Tailings with 95.5 g/t silver, 0.53 g/t gold grade and based on a recovery of 73% for silver and 78.9% for gold ************************ They can get 43 dollars a tonne out of this stuff times recovery or 32-33 dollars US. Costs are 50% in that case or 32 million return. I think they could do the same thing for 8 million. On the other hand what I would research is a gravity technique for ultra cheap dollars in - dollars out advantage. The object is to make money not ounces necessarily. And to make that money cheaply. Shame not to recover the ounces though, and more ounces generally means more profit. The mitigating factors are, can you raise the money at all, and will you profit by greater committment? EC<:-}