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dcbass

10/28/10 10:59 PM

#23415 RE: User-65225 #23414

They have more. It will be shown to you. Believe what you want, but they have more than they shipped.

As our 'boots on the ground' mentioned today, the mill has been running 24/7 for quite some time. There have surely been stoppages here and there, as we haven't had the official announcement that the mill is 'fully optimized'. That will come soon.

Then they will start to run the Oso ore which is over 2 oz per ton. Take that to the bank...

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miwil36

10/29/10 8:21 AM

#23417 RE: User-65225 #23414

"Arrangements have been made with a reputable smelting house for this first shipment and sale of five hundred eight pounds (508) of precious metal bearing concentrate, produced from the first 491 hours (approx. 20 days) of mill operations from May 17, 2010."

491 hours is 20 days and 11 hours dividing 491 by 24.


"The Company continues to process ore and accumulate, in its vaults, inventories of concentrates, readying for future shipments."

In my opinion there is more stored and ready. The first shipment is a 'test' of the smelter. Since none of us really knows we can speculate all sorts of things. Fact of the matter is the Company is producing, and better things are to come. Pierre mentioned this in the PR:

First, we will now switch the production to the Oso tailing zone, a higher grade of ore currently being stockpiled in the Diamond Creek Mill yard. And, second, in order to increase production beyond the present 125 tpd (tons per day) capacity, the Company will be purchasing more plant equipment." He further adds, "During our continued evaluations of the numerous shafts and vein structures throughout War Eagle Mountain, some exciting new discoveries have come to light and will generate forthcoming announcements."

Those are facts as we know them, anything else is speculation at best.