News Focus
News Focus
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uwf2466

02/20/11 5:14 PM

#35499 RE: carhauler #35498

is this just a seasonal business?
its in the 40's in reno.

It seems that based on anticipated gold production it is going to be monthly. See Post #6420. Below is the post.

S the other great thing about this news release is that they AGAIN confirm production rates, they are saying they can process 9,000 tone in a quarter month (1 week), that's roughly 6,350 cubic yards x 4 is 25,400 cubic yards a month full production at call it .04 oz per cubic yard to be conservative and stay in line with estimates.......HELLO that's 1,016 oz a month at let's say $1,250 per oz, again let's be conservative......HELLO that's $1,270,000 a month.......if they can stay close to their estimated reclamation costs at $425 an oz that's $431,800 in costs.......HELLO that's $838,200 in PROFIT per month......the $425 an oz reclamation cost is a good number, they should easily be able to subcontract the excavation and hauling at $5-$6 per cubic yard, another $4-$5 a cubic yard to process it through the mill, recover and transport to the smelter and the other soft costs.......this is looking really good!

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nobody3

02/20/11 6:13 PM

#35500 RE: carhauler #35498

how cold was it in nov 2010? i dont think cold will be a problem. some days it may be but once they get money they will be able to buy any thing they need to keep the water from freezing. a shead and some heaters maybe.