Replies to post #23619 on Sustainable Green Team Ltd (SGTM)

[mdb1]

Happy New Years: Orca I like your numbers:

That's a lot of recovery potential.
SGCP will recover 2.5oz of gold per hour.
.05 oz/ton * 50 tons/hour * 8 hrs/day * 20 days/month = 400 oz/month.

400oz *$1000/oz = $400,000/month!!!! (using new dredge with 20years experienced operator)

400 oz/month * 7 months = 2800 oz =

$2.8 million for 7 months of gold production using new dredge & expert operator!!!

(we should have 3 dredges in operation right? and at least 3 more sites of shovel/pan mining)

So for 2010: $2.8 million in gold production seems probable.