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Gold/Mining/Energy : The Molybdenum Discussion Board -- Ignore unavailable to you. Want to Upgrade?

To: Belgie24 who wrote (3151)	3/7/2008 5:13:17 PM
From: PayShhhhence	Respond to of 3267

I think it's important to say that AT SOME POINT, we are going to have to FINISH the mine development to get going in the FULL production direction. These are things the company is examining NOW. UNTIL the mine is fully operational and we aren't trading time between mining and mine development WE WILL BE HAMSTRUNG somewhat. WE are at THAT bridge NOW. Do we continue to nickle and dime our way to the top? OR do we DEVELOP the mine sacrificing one month's/quarter's production numbers to make the leap to mining fully.

To: Belgie24 who wrote (3151)	3/7/2008 9:31:37 PM
From: hubris33	Read Replies (2) \| Respond to of 3267

Hi Belgie24, Oops you caught me! I think you meant to say "up to" 4.75% Mo material. Yep! I goofed! I did mean to say "up to." Thanks for keeping me straight! Somewhere I read that in the past GPXM had processed ore with that concentration - not that they normally produce that level of concentration. I suspect during start up the plant got all kinds of different head grades fed to it at one time or another. Perhaps also some smart engineer tested the recovery on batch of different concentrations to see what the plant was capable of? I wonder where 4.75% head grade fits into the efficiency curve? The optimum level seems lower to me, perhaps between 2% and 3%. I'll take a steady 2%! Anything better looks like it would be icing on the cake. That 2% would be great, especially if they maintain it when they get to 200 tpd. When you were on the tour did you get a feel for what was the bottleneck of the plant? Will an upgrade to 200 tpd of processing capacity require 1 or 2 pieces of equipment or will require a whole new second train? Sound like there are quite a few knowledgeable people monitoring this board! Thanks for all of the input and help! Cheers, H3