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Re: john and dick post# 29112

Friday, 02/04/2011 9:52:45 AM

Friday, February 04, 2011 9:52:45 AM

Post# of 65657
This is the only reply I received from anyone on this board.


This is amazing news,
here is why.
For a very small period in the History of WEM between 1865-1900 So me of the miners managed to get a steam powered stamp mill on the mountain. It was a very arduous Task.
But in any case the Belle Peck seems to have been the last of the real pulveriszed stamp mill ore
The rest was broken up with sledge hammers.
Now The Belle Peck had a substancial volume on suite
According to the release Belle Peck concentrate stored subsequent to the test smelt that produced 508 pounds that had been shipped is the remainder
Since the Belle Peck was essentially used as TEST of the mill circuit it is great for the future operation.
The OSO tailings are the highest grade tailing known on the property above ground. That being said the Cumberland tailings are known and have been reported to contain 2.5 ounces per ton with a total of 30000 tons
I am not certain of the volume of OSO but I already know that OSO grades are 2-10 ounces per ton and up. There is already at least 1 TON of concentrate from the last 4 weeks of milling OSO.
Any doubt on the subject has been thouroughly refuted by my accuracy in interpretation.
Since I spoke to several eye witnesses at the mill I correctly assertained the makeup of the concentrate. The doubters are incorrect and the on site testimony validates my scientific interpretation.
So GLTA


It does not answer my basic question. They PR'd last summer that in the first 20 days of running the mill it produced 508lbs. of concentrate and yesterday they PR'd they produced a total of 1463lbs. since the start up of the mill on May 17th till Dec. 31.
That means in about six months they only produced 955lbs of concentrate. How can this be? I thought they were running the mill 24/7. There should be an explaination to this question.

It is has bothered me that they keep changing the mill thru put.
In May they PR'd a 100 tons per day. In July they PR'd they were at 140 tons per day. At the SHM they stated they were at 36-50 a tons per day also saying they would be at 200 tons per day in May. In Nov. they PR'd they were at 106 tons per day. Now yesterday they say they are at 60 tons per day and moving to 72 a day next month.

Maybe I am answering my own question. It appears to me the limiting factor in this operation to produce revenue is the limited production capability of the mill in its current state.

I'm a true believer that this company will make it because they have the goods and I hope now that RS is running things he will expidite the expansion of the mill and truely "be transparent with prompt and timely updates to our investors" as stated in yesterday's PR.

John

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