InvestorsHub Logo
Followers 26
Posts 2257
Boards Moderated 0
Alias Born 05/05/2010

Re: None

Monday, 08/13/2012 1:18:07 PM

Monday, August 13, 2012 1:18:07 PM

Post# of 83075
Our neighbor had a nice 10-Q report today. I won't say their name because I don't care to be bleeped.... but in the report was something that should US some encouragement....

quote:
Shortly after deployment the two XXXXXX dredges were producing daily quantities of heavy mineral sands (HMS). This effort validated our early extraction estimate of 400 to 500 pounds of HMS per dredge per 10 hour day

********************

So if THEY were getting 400 - 500 pounds of HMS per dredge per day, then maybe OUR numbers are close to that???? I've been wondering what the size of our stockpiled sands are at this point. how many tons do we have? could be a lot more than we were thinking...

Charlie