Replies to post #43684 on The Graystone Company, Inc. (GYST)

[SMResources]

Thanks Yogi.

GYST production is based on how much material (capacity) they can process. there grade per yard of material is roughly 1 gram per yard. So for the sake of round numbers they process roughly the same amount of yards that they report in grams

900 grams is roughly 900 yards of material and so on

I estimate they have about 2 yards min of over burden to remove to get to the pay layer of say 1 yard so that makes three yards moved to process one yard of material.

They have good reserves, its their production capacity that needs upgrading. the link below is a performa based on 1 gram of gold per yard and 60 yards per hour. If they can get their equipment to this level, they would be doing extremely well...keep in mind this performa is based on a 7 month season and one 10 hour shift per day, seven days a week

http://smresources.ca/PerformaApril1toOct31.pdf