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Gold/Mining/Energy : ZEN vs CCB -- Ignore unavailable to you. Want to Upgrade?


To: BIGONION who wrote (5359)12/7/2015 1:14:48 PM
From: formerTN2 Recommendations

Recommended By
Glorieux
Thiess - ZEN

  Respond to of 5988
 
Testing Marble? What happened to investing in Graphite??? Ohhhh Noooooo




To: BIGONION who wrote (5359)12/7/2015 1:53:11 PM
From: the Chief  Read Replies (2) | Respond to of 5988
 

Where is the PEA for CCB?


Its coming, the reason its taking as much time as it has is complicated but the underlying reason is the cost to process and recover the graphite is plummeting like a stone because of the marble credit and the interest in the tailings from the float plant by the cement companies. So each time we make more money the cutoff grade drops.

What are the costs for extracting the marble?

So far the costs are about $7.00 per ton thats from a company that does this for a living (the company that signed the contract)

Where are the drill results?



Drill results are part of the PEA however, I expect nothing from them because it was drilling that was done under VTEM. VTEM does not work on the property because the entire 89 square kilometers glows because of veining lol




Why is there no resource estimate for graphite or marble?


They just finished their last drilling (SGS and Tetratech) 1 month ago, so were close.

They sent marble for testing Oct. 22 - Where are the results?

the results are that its been deemed Architectural Marble (that is the results) which is an exception to all other marble companies in Quebec. The cost can vary from $180 to $400 per ton dependant on the size cut.