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Re: Imperial Whazoo post# 4592

Tuesday, 10/20/2009 12:39:26 PM

Tuesday, October 20, 2009 12:39:26 PM

Post# of 65657
The security of the mill site (which will be behind fencing btw) will have more to do with prevention of general vandalism as compared to outright theft of tailings. The only entity for whom those tailings have value is the company itself; to haul those tailings away in the back of the truck of some thief/whomever would be a waste of time and energy on their part....the only way the tailings provide value is to mill them at large tonnage/day.

I still don't believe that the marketplace has assigned to SFMI anywhere near the value of the ore in those piles. I suspect that we'll get to hear a lot more about the various assays of the initial tailings pile as we approach the first crushing ops next month, and if you do some arithmetic at home using .5, 1.0, or even 1.5 oz Au equivalent per ton, and couple it with an eventual 600 to 800 tons/day, you'll come up with some pretty nice potential pps numbers.

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