Scorpio Gold Corp. (SRCRF)

[Belgie24]

A few calculations on the PR from Scorpio:

In August 76,156 tons were mined from Drinkwater.
76156/31 days = 2457 tons per day.
Compare this to June which was 22,704 tons mined per previous PR on July 18th.

76,156 tons times .058 OPT = 4417 oz. 4417 times 65% recovery = 2871 oz of gold will be eventually recovered from the ore mined in August.

Seems good progress is being made towards the commercial production number of 3500 oz per month.

Also there was previous mention that ore would be mined from Mary pit starting somewhere around Sept 2011.

If it wasn't such a bloody market day, we'd probably get a positive reaction.