Replies to post #46236 on Sustainable Green Team Ltd. (SGTM)

[roberto77479]

No. That's not a reasonable expectation IMO.

[the cork]

Interesting Charlie. I think it could also mean the results were 7 - 10 times higher in the area we are currently dredging than the areas we pulled the other two dredges from.

That might be why the one dredge stayed where it is and it was advisable to move the other two.

Let's remember we are essentially clearing away overburden.

Overburden is garbage. It's in the way, hence the "burden."

Anything in there is just a hint, or an indicator.

I think of it like a Geiger counter.

You have a certain amount of ambient background "clicks," and it gets stronger the closer you get to the real deal.

The ambient area isn't enough to be meaningful but the closer you get to the source the more it begins to register.

You can't infer too much from the preliminary sweeps other than you are getting closer.

Same thing for us.

[shamokinite]

Per October Field report:

A) Four dredges at 25 TPH = 100 Tons per hour
B) 100 TPH x 6 hours per day = 600 Tons per day
C) 600 Tons per day x 180 days = 108,000 tons
D) 108,000 tons @ 1 gram of gold per ton = 108,000 grams
E) 108,000 tons @ .25 carat of diamonds per ton = 27,000 carats in diamonds

Now if you take 1 dredge pulling 7 times more than this analysis here is what you get.

A) 1 dredge at 25 TPH = 25 Tons per hour
B) 25 TPH x 6 hours per day = 150 Tons per day
C) 150 Tons per day x 180 days = 27,000 tons
D) 27,000 tons @ 7(New Estimate) gram of gold per ton = 189,000 grams
E) 27,000 tons @ 1.75 carat of diamonds per ton = 47,250 carats in diamonds

If these new estimates are right, they far out way the old estimates with 4 dredges running! My personal opinion on this, they will not know for sure until they hit the ancient gravel if these estimates are correct. So the question is? How long will that take? If these estimates are correct when they hit the ancient gravel with one dredge, and if I'm interpreting what the 7-10 times as being from the latest field report, I could really care less about the other dredges running! ...Well not really :)

My concern is how much more overburden is there before they hit ancient gravel? I do not see a PR coming until that happens.

All my own opinion.

BTW, Charlie, is that a picture of you or your daughter(s)?