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radar91

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radar91

Re: crookedneck post# 17394

Wednesday, 07/09/2014 2:39:04 PM

Wednesday, July 09, 2014 2:39:04 PM

Post# of 100213
The PR said: The initial tailings operation has 100,000 tons of material to be processed with an average head grade of 5 grams of gold per ton and 20 ozs of silver per ton.

By my math:
5g/ton gold x 100000 ton material = 500000g gold
20g/ton silver x 100000 ton material = 2000000g silver

100,000 tons of material is a pile of freaking material. By these calculations, the 4000oz has to be the commission. Plus the tailings processing costs are covered so this is all profit. Did I miss anything?
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