Xali Gold Corp V.XGC

El Dorado and SDA

[horsewithnoname]

Has anyone done any math regarding El Dorado and SDA plant - how about:
ore from El Dorado lets be conservative 5 g/to
processing capacity lets take the 100 to per day (and not the possible 200)
let us take 80% recovery
would be 400 g gold per day or about 13 ounces
lets assume the we have production costs of 1200 per ounce would gives at least 500 USD cash flow per ounce or about 6500 USD per day, hmm where does this bring us in a year and what is Xali valued at the moment

[zack50]

The El Dorado target is based on the existing exploration data and previous historical resource estimates to date. Xali Gold believes that a target within 150m of surface has potential for 110,000 to 200,000 tonnes of material grading from 4.4 to 9.8 g/t gold and 113 to 239 g/t silver containing between 22,500 and 41,000 oz gold and 500,000 to 1,000,000 oz silver. The potential quantity and grade

[horsewithnoname]

let's keep fingers crossed, but they seem to be pretty determined and confident, as the take over of the SDA plant seems to be progressing - next larger milestone payment end of April, if I remember correctly, permit application not only for drilling but also for off take - so I would thing some belief that this will be viable in the near future. 

[severeanalysts]

yes we have long ago AND REMEMBER THERE ARE ALReady tailings there ready to go to the pLANT