RE:RE:[Production Curiosity]cobalthead wrote: Yes boss I believe you are correct . If bgm chase a golden vein in the open pit your scenario plays out...do the math...it's astounding..but..at this share price the market is skeptical...mean while rox gold has average grade of 15 grams per ton , Brent kook loves it , it's in Africa , how can you not be skeptical ?...
Ok, so I believe the permit total tons allowed is somewhere near 700ktons (I believe)....
So, if BGM was to execute production as I have laid out for TWO YEARS in a row, that would consume half of the permitted total tons, and truck only 1/4 of the total to QR....
that would be 200+ days of EXTREMELY high grade ore milled, over the span of 2 fiscal years...
Now what will gold be in mid 2015 when the second 100 days is milled...?
Perhaps higher than $1600...
Even if not, are we not talking about NORTH of $200mm revenue by summer 2015...?
That might go along way to shipping the revelostoke mill to the COW site and then upgrading it to the 4000ton/day capacity (or whatever)...?
Now wouldnt that plan look nice sitting is a COW Feasability study....and woulndt that do something for the justification for BGM to be listed on major indexes (re: showing a sustainable economic plan)....
Just thinking out loud......