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Friday, January 21, 2011 3:16:51 PM
A) Four dredges at 25 TPH = 100 Tons per hour
B) 100 TPH x 6 hours per day = 600 Tons per day
C) 600 Tons per day x 180 days = 108,000 tons
D) 108,000 tons @ 1 gram of gold per ton = 108,000 grams
E) 108,000 tons @ .25 carat of diamonds per ton = 27,000 carats in diamonds
Now if you take 1 dredge pulling 7 times more than this analysis here is what you get.
A) 1 dredge at 25 TPH = 25 Tons per hour
B) 25 TPH x 6 hours per day = 150 Tons per day
C) 150 Tons per day x 180 days = 27,000 tons
D) 27,000 tons @ 7(New Estimate) gram of gold per ton = 189,000 grams
E) 27,000 tons @ 1.75 carat of diamonds per ton = 47,250 carats in diamonds
If these new estimates are right, they far out way the old estimates with 4 dredges running! My personal opinion on this, they will not know for sure until they hit the ancient gravel if these estimates are correct. So the question is? How long will that take? If these estimates are correct when they hit the ancient gravel with one dredge, and if I'm interpreting what the 7-10 times as being from the latest field report, I could really care less about the other dredges running! ...Well not really :)
My concern is how much more overburden is there before they hit ancient gravel? I do not see a PR coming until that happens.
All my own opinion.
BTW, Charlie, is that a picture of you or your daughter(s)?
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