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: Dr. Bob who wrote (2709)	1/24/1998 7:00:00 PM
From: Roebear	Read Replies (1) \| Respond to of 4571

Dr Bob, Excuse me for jumping in the conversation, did you talk to Lionel yourself last week? Lionel said (to me Tuesday) that they have a lot of ore stockpiled to be milled when they get their milling capacity up. Two things that I know of are holding that up. One they need a new liner for their mill (I believe that is ordered) and (two) it is 15 miles to the mill and I would suspect in the mountains in the winter there are some days when not as many trips can be made. Especially as the first 8 miles are tough. So the good news is a liner is ordered and also a new truck is ordered. Also as stated before, their 30 ton per day permit is accumulative, and they have enough "credit" to ship 60+ tons a day for months. The only assay I remember was the one that gave .7 oz per ton from the top of hanging wall (in Dundee's photos). There was a news release on that in November(?) could be found on Yahoo. The assays usually are higher towards the bottom and visible gold (as found in virgin areas now) would be higher than 1 oz per ton, perhaps much higher. ] It all depends on how much visible gold and good grade ore is found. For that, you, I and everyone will have to wait for company figures and news. Good questions, Dr Bob...... Roebear

To: Dr. Bob who wrote (2709)	1/24/1998 7:20:00 PM
From: Brian Pastor	Read Replies (1) \| Respond to of 4571

Bob, your questions are generally answered by asking you to look to the company's press releases and some of the information supplied by people who atended the shareholder's meetings. 1) Lionel stated that BCMD can get 30 tons out of one shift and possibly more if a shift can do more than one blast (like blasting the virgin ore block and the pillars on the same shift) - that is 60 to 120 tons per day they can bring out of the ground running two shifts as they have been. As for actual, I'd defer to Lionel and whatever figures the company supplies. The company can easily achieve the black by the end of 2Q if they can mill 3000 tons per month, approximately 100 tons per day, extracting approximately an ounce per ton. Obviously this assumes an incrase in the milling rate, but that is not very far fetched when there is an additional mill on the property and Darlene's research indicated that the permits are in the review/approval stage. As for the ounce per ton, the company's releases indicate visible gold in both Pillar 4 and the virgin ore shoots,and I understand the definition of visible gold is over an ounce per ton so this is not a far fetched assumption either. Bob, happy to respond to your pointed questions anytime -- your skepticism is healthy. Also, why don't you enlighten us as to your detailed opinion on the Strandberg report which you asked me not to quote from. Regards Bob.