Wednesday, December 10, 2014 2:09:36 PM
Check out some calculations based on what follows which is based on what's REAL for TRIO:
"Trio owns a variety of assets which include several groups of mineralized material including 4,000 tons of concentrate, (“Concentrate”), 16,000 tons of crushed material (“Crushed Material A”), an additional 16,000 tons of crushed material (“Crushed Material B”), 16,000 tons of trench material (“Trench Material”), a 910,000 ton muck pile (“Muck Pile”), and a tailings pond (“Tailings Pond”) with 347,870 tons of material."
"Each of the various bodies of above-ground mineralized material has been assayed to determine its composition as follows: 1) Concentrate contains an average of 40 oz of silver per ton and 2% cobalt by weight, “Activation Laboratories Ltd, June 19, 2012”, 2) Crushed Material A contains an average of 38 oz of silver per ton and 2% cobalt by weight, estimates provided by previous owners which represents the most current information, 3) Crushed Material B contains an average of 25 oz of silver per ton, estimates provided by previous owners which represents the most recent information, 4) Trench Material consists of an average of 25 oz. of silver per ton and 2% cobalt by weight, based on information from the previous owners which represents the most current information, 5) Muck Pile contains an average of 10 oz of silver per ton, estimates provided by previous owners which represents the most current information, and 6) the Tailings Pond has a historic estimate of 0.7oz per ton of silver, “Cobalt Mining Camp Tailings Inventory, Cobalt, Ontario, 1993”, which represents the most recent data."
THIS IS REPORTEDLY WHAT IS ABOVE GROUND MAKING TRIO A UNIQUE/SPECIAL JUNIOR MINER... AND HERE ARE THE CALCS:
Concentrate: 4,000 tons = 40 oz silver/ton
Crushed: 16,000 tons = 38 oz silver/ton
Crushed B: 16,000 tons = 25 oz silver/ton
Trench: 16,000 tons = 25 oz silver/ton
Muck Pile: 910,000 tons = 10 oz silver/ton
Tailings: 347,870 tons = .7 oz silver/ton
Total: 1,309,870 tons
Concentrate: 160,000 oz silver
Crushed: 608,000 oz silver
Crushed B: 400,000 oz silver
Trench: 400,000 oz silver
Muck Pile: 9,100,000 oz silver
Tailings: 243,509 oz silver
Total: 10,911,509 oz silver x whatever the market bears $/oz. - expenses (nominal since already above ground and a prudent/frugal/brilliant CEO)
And this is just basic and nominal calculations for the already estimated (likely conservatively) above-ground silver alone on the property (there's gotta be so much more)... have no doubts we'll go underground for much more as well and who knows maybe even beyond the 94-acres...
http://trioresources.com/projects/milling/above-ground-mineralized-material/
Love my TRII, the real deal... with great potential and future, waiting on more reports... especially a 10K-plus... do know what I own and lovin' it!
100% behind Mr. Reid... the best of the best of pennyland CEOs and dealing with multi-billion-dollar partners...
It's all about what you know, your money and whether you believe...
Very best to all with our KMAGnificent TRII!
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