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Phred6

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Phred6

Re: Wolverine1997 post# 96172

Tuesday, 08/21/2012 10:12:12 PM

Tuesday, August 21, 2012 10:12:12 PM

Post# of 118202
The low recovery rate and the lack of a definitive statement from the company speaks volumes. I decided to take a break from PCFG for a week and it did wonders for my attitude. As it stands now they are recovering about 25% of the stated .4 grams per yard. They need to recover about 1.5 grams per yard to be pofitable. If they continue to run at the current 90-95% rate they'll recover around 1,000 yards per year-1/6 th of their stated 6,000 ounces per year. If I had the money I'd buy ththe tailings and heap leach it to recover the remaining .3 grams of gold. \V/_
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