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Re: Implanting post# 3911

Tuesday, 10/12/2010 11:29:55 AM

Tuesday, October 12, 2010 11:29:55 AM

Post# of 26631
Let's look a little closer at the numbers. Tell me where they are wrong, don't just say they "fly high".

Per 10/06/10 PR @2,444 T/D produced 7,143 oz.
Therefore: 5,500 T/D will yield 16,075 oz. Just do the math.
Per original PR analysis of heap leaching, it is expected to produce 50,000 oz./yr. or 4,167 oz./mo.

16,075oz.+4,167oz.= 20,242oz./mo.= 242,904oz./yr. when all is said and done. Perhaps FY2012. Subtract 20% if you want for whatever, and you still get more than 190,000oz./yr.

Time will tell if my numbers are wrong, but I don't think so. Also there is plenty of gold to support that volume of production.

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