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drdetwin

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Alias Born 09/06/2003

drdetwin

Re: None

Thursday, 09/16/2004 11:41:39 PM

Thursday, September 16, 2004 11:41:39 PM

Post# of 45645
also BO,

The VP of shore gold has stated that they would require a MINIMUM of $15/tonne rock, so even using the results from the 235m level 17 CPHT, plus $10-$12 mining/processing costs it would TAKE a min $160 US/carat valuation to have feasibility.

I am still being generous with the 17 CPHT since Shore is on pace for about 13 CPHT which would require a higher valuation.



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