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Re: wshaw14 post# 515

Sunday, 11/27/2011 4:24:41 PM

Sunday, November 27, 2011 4:24:41 PM

Post# of 1127
OK. Whatever.
I pretty much had given up on trying to communicate with yourself.

I see now that you explained where you were focused.
I had not done the calc for the prior quarter, and so did not see that the g/t they report is apparently the amount recovered, as it is as you show correspondent to what they report as production for the quarter.

I only worked from their October numbers, and as is must usually reported, I just saw the terms like "ore with an average grade of" and "Mining grades" to mean the grade of the ore.

I am still somewhat mystified, as if for the prior quarter the recovery was 60% to 70% and 17.4 g/t that would mean the ore grade was 24.86 g/t to 29 g/t. That does not seem to agree with statement of Aug 25 PR
"current mill feed head grade is averaging approximately 20 g/t" but then they also say they are at that time seeing 71% recovery, meaning they were then averaging around 14.2 g/t produced.