Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : JAB International (JABI) -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Miller who wrote (834)	11/3/1997 5:06:00 PM
From: Jeffery E. Forrest	Respond to of 4571

re: Aussie vs. CA gold production. It's like comparing apples and oranges. Aussie production costs are due to the low yield per tonnage. They consider a "good" yield at 4-5 GRAMS per tonne. Some of the yeilds I found that they considered a GREAT find, were at 10-12 GRAMS/ton. You can quickly see the difference when CA hardrock mines are yielding in OUNCES per tonnage. It is my understanding that Aussie mines are of the openpit variety that require movement of HUGE amounts of material to extract the gold. CA mining is of the hardrock or Placer variety which both yield MUCH larger amounts of gold per tonne.

To: Mr. Miller who wrote (834)	11/3/1997 5:11:00 PM
From: Jeffery E. Forrest	Respond to of 4571

Where are you getting the 1oz/tonne figure? That seems VERY optimistic. For comparison, One of the best producing hardrock mines in CA is yielding 0.8oz/tonne. Correct me if I'm wrong, but it is my understanding that BCMD is moving 60 tonnes now, with plans to move much more with the introduction of a JV. I would be ecstatic if they can AVERAGE 0.5oz/tonne (which I thought was the figure that was being tossed about earlier.)