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KyMike

09/23/11 2:47 PM

#44638 RE: dredgemaster #44637

Hi Dredge, yea thats a exellent point, seperate when the weather does not let you dredge with efficiency...
Thanks for all the info, updates and work you have done on SNEY,
Always look for you views on whats going on with SNEY,
Mike
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mikeymgd

09/23/11 3:38 PM

#44642 RE: dredgemaster #44637

Thanks Dredge,

I am curious if you feel the sluice would still be removed if they were not trying to capture black sands but rather just trying to dredge for fast gold recovery?

I seem to have stirred the waters when I stated I feel they should have targeted gold only first to build the funds to move operations quickly. Later ordered more dredges and went into full scale production for both.

Now if its true that it takes just as long to remove both as remove just gold than it would appear I am quite wrong.


I also feel if they left the sluice box intact they would not require the separation and processing equipment right away to generate revenue. They could have cleaned the sluice boxes for visible gold. I feel this could have lead to many ounces of gold by now based on the assay. Of course it would also mean returning back to were you had already dredged in order to get the remainder and black sands.

I also wonder if the ground decision was based on the business plan by management. Had management directed the ground crew to dredge for both black sands and gold at the same time than their changes would be geared towards that model.

Thanks