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TELSON RESOURCES INC SOHFD



GREY:SOHFD - Post by User

Comment by Spikearoo1on Dec 06, 2018 8:09pm
32 Views
Post# 29079755

RE:RE:RE:RE:RE:RE:Re-processing of tailings at a later date and copper recover

RE:RE:RE:RE:RE:RE:Re-processing of tailings at a later date and copper recoverShakey...there's a video of Ralph explaining the exploration of using the Albion process. 
In that video he says 340,000 Gold Eq. Ounces in the CM tailings.  
That would include all metals then.  
I've going through the Glencore Albion Process website readying everything about it.  Looks like the recovery for gold is up to 90% and Zinc/Copper higher. 

So let's say TSN has only 300,000 ounces.  And let's be real cynical here and say they only achieve 75% recovery.  That would equate to 225,000 ounces of gold.  
225,000 x $1,200 ounce = $270 million.  
Ralph says on the video $20 to $30 million to install the technology.  
Now they are at $240,000 less operating expenses which according to the Glencore website are minimal to operate.  But let's say 30% operating costs just specifically to the tailings metals recovery.  So $72 million in costs (very high in my opinion) and they pocket $168,000,000.

this is just the tailings.  What about all the other new material they are pulling out of the ground and all future production.  This could be huge.  That kinda dough for a small company like this will fund future drilling, other acquistions similar to CM etc. 

If these guys keep this going then I think TSN will be a nice little investment in the next decade.  I'm willing to wait for the next 5 years if this puppy can go to $10, $20 bucks over the next 5 and 10 years.  

Good luck to all and welcome the feed back and additional thoughts on TSN.  
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