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Re: scubastevemd post# 33839

Thursday, 06/16/2011 11:18:53 AM

Thursday, June 16, 2011 11:18:53 AM

Post# of 101798
"scuba" that's the way I read it as well, with all the speculated numbers thrown out there currently I was waiting for accurate estimates from the company to be released.

For them to have an additional 40t of concentrate by the end of June with a recovery rate of 100 lbs/1 ton of feed, they would need to be producing raw material at +- 60t/hr. The 3 grams of visible free gold recovery stated in their PR is from the raw feed which would put current free gold recovery much high than estimations. I don't want to make any speculated guesses on actual recovery numbers with out more confirmed information. But the evidence is indisputable that "sney" IS producing tangible revenue and the initial numbers could catch many people off guard. It's all good!

Bazza
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