You took complex answers from the company and slanted them. It's sad that you change the companies text to meet your own agenda.
Did they really process for the month of July as you stated? No, it was hardly more than two weeks of processing.
Your text:"To mine only 30oz of gold in July was a little silly."
Could they have produced far more gold than the 30 ounces? Yes, easily. Why only 30 oz? Were they processing ores that contained .04 grams per ton gold? No, they processed a mixture.
Were they running at full production? No, they were testing equipment. They were also testing gravels. They first ran the material that was in their yard as it would need to be moved anyway. Yet this is silly in your opinion.
Are you suggesting that the company is "silly" when they test and calibrate equipment? Are you recommending that they just run full bore immediately disregarding adjustments to achieve maximum gold extraction? Doesn't it make more sense to calibrate and extract as much gold as possible?
PCFG PR Aug 15:"From the stockpile gravels the Company produced approximately 30 ounces of gold. The overall gold grade of the stockpile amounted to approximately 0.2 g/yd3. The mudflow which was a large portion of the stockpile had an average gold grade of about 0.1 g/yd3. The grade of gold within the pay gravels of the stockpile were between 0.3 and 0.4 g/yd3. Due to the commingling of the gravels over time (the stockpile was mined in 2007) an exact number for the pay gravels was more difficult to determine."
Your text:"In the November PR, they stated that they would like to produce between 6,000-12,000 ounces per year."
Where does it say this won't happen. PCFG has the most ecology friendly concentrating system in the Crescent Valley. No toxic chemicals are used. They have requested the allowance of far more geo-tubes which would increase production exponentially. Are you suggesting this won't happen and they are limited to the equipment at hand and they have no plans to increase production?
Your text: "Third, they stated that the mill can run 200 yd/3 per hour, now we are down to 150yd/hr." Here is the companies answer to your question.
"The Company has limited the feed rate to the plant in order to make sure that the plant was operating properly during an extended period. In August and September the Company plans to increase the plant throughput gradually on a weekly basis with daily targets of 750 yards by the end of August then up to 1,000 yards by the end of September, eventually to as much as 95% of plant capacity.
I won't waste any more time looking for inaccuracies, there are enough here.
AI
