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Gold/Mining/Energy : PAW - Pacific Wildcat Resources Corp -- Ignore unavailable to you. Want to Upgrade?


To: mobility2 who wrote (638)3/5/2011 8:33:11 AM
From: billlc5 Recommendations  Read Replies (1) | Respond to of 3412
 
To mobility2 of message 638, thank you for your kind comment. Taking a chance to be a new kid on the block (though I am no longer a spring chicken).

The last sentence of the Stockhouse post was "pile on". If errors are found they should be mentioned. It was a first try and needs improvements. Correcting myself, I made an error, missing that PAW has only 70% of Mrima Hill. If Cortec has a proportional interest in both the benefits and costs of the project then the results should be multiplied by .70.

I appreciate kidl's message 637 about the 3.1% grade of 32 million tons. At a 77% recovery that would supply 13000 tons/yr for 59 years far beyond the 20 year Quest (QRM.v) model assumption. Even better is the 5% grade for 6 million tons which at 77% recovery would supply 13000 tons TREO/yr for 17.8 years, close to the Dundee Quest assumption.

This is more than enough for a first post. Thank you.