Replies to post #2129 on TAO Minerals Ltd. (fka TAON)

[electrius]

We should be around 50 days from operations at El Colmillo. This assumes the 9/11 press release is accurate.

TAO indicated an initial processing of 20 tons per day, ramping up to 100 tons during Phase III. Anyone know the timing of Phases II and III?

If you assume a grade of 10g per ton, TAO could produce 7.05479 ounces per day, or $5,643 per day at $800 / oz. At 100 tons, that's $28,219 / day. Don't know if 10g / ton is realistic, high, or low.