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Re: risk on post# 18332

Sunday, 04/03/2011 9:22:26 PM

Sunday, April 03, 2011 9:22:26 PM

Post# of 101798
I am new to all this stuff but have been looking around all the press releases and have seen some of you guys calculations on gold production. A couple things I saw in the last press release states the dredges are capable of 50/60 tons an hr for each one. The assay report from Allied says that there is about 100 lbs of black sand per ton of material. That works out to about 2.5 tons an hr of black sand. The low end of the price per ton of black sand is about $4000.00. So working it out it comes to about $10,000.00 per dredge per hr of operation but only if they have the equipment to move that much material. I am not picking on anyone and if I am wrong about anything I have read then by all means clear it up for me.

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