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Comment by eebleron Sep 09, 2011 12:36pm

RE: RE: RE: RE: RE: More drilling

Ha! What am I saying?! I forgot for a while what these guys intend. I was thinking they wanted to take this to production when I know full well that their intent is to sell ...more

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Comment by eebleron Sep 09, 2011 10:39am

RE: RE: RE: RE: More drilling

I used the weight of "dirt" as opposed to rock because it gave another ultra-conservative aspect to the estimate. When I did the search on dirt it came out at 2000-2500 lbs. I ...more

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Comment by kroghon Sep 09, 2011 1:17am

RE: RE: RE: More drilling

As elmo said you forgot to multiply by 2.5 or 3This line So, weight of cap = 1000m x 1000m x 75m = 75,000,000 tonnesshould have beenSo, volume of cap = 1000m ...more

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Comment by elmothefearlesson Sep 09, 2011 12:11am

RE: RE: RE: RE: More drilling

The margin would be higher I mean, as eebler has already pointed out.

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Comment by elmothefearlesson Sep 09, 2011 12:10am

Looks good, but I have a couple questions:.- I was told a meter cubed is approx 2 to 3 tonnes, I usually use 2.5 tonnes / m3, so I would go: 1,000 x 1,000 x 75 x 2.5 = 188 million tonnes of material.- ...more

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Comment by eebleron Sep 08, 2011 7:41pm

RE: RE: More drilling

Some really back-of-the-napkin calculations:- 1 cubic yard of dirt weighs at least 2,000 lbs = 1 ton- possible dimensions of cap = 1km x 1km (length is actually closer to 3kms)- depth of viable gold ...more

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Comment by kroghon Sep 08, 2011 11:55am

RE: RE: More drilling

The deposit could even be much deeper, more than one km. The horizontal extension cold be also be a factor of 2-3 at least. That means that Taca Taca might contain 50 billion pounds of CuEq, and hence ...more

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Comment by elmothefearlesson Sep 08, 2011 10:52am

RE: More drilling

Yes, great point eebler..To calculate the NPV of the Taca Taca project, they will include the cost of clearing away all the dirt to get to the "good stuff" 150 - 200 meters below the surface ...more

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Post by eebleron Sep 08, 2011 9:42am

More drilling

Just keeps getting bigger, both in depth and in terms of extensions. The addition of a separate gold resource on the oxide cap could be a big boost to project economics if it extends across most of ...more

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Post by Helioson Aug 11, 2011 9:10pm

Update from Canaccord

Here is an update from the Canaccord analyst who is covering LCC.Lumina Copper* (LCC : TSX-V : $6.16), NetChange: 0.01, % Change: 0.16%, Volume: 33,580 Who's down with LCC? Yeah, youknow...Lumina ...more

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Post by kroghon Aug 10, 2011 9:07am

Interview with David Strang from March.

I found an interview with David Strang from March 2011. It isn't really outdated. No information that we don't know about, but still nice to hear the CEO discuss the situation. They plan, ...more

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Post by elmothefearlesson Aug 09, 2011 12:44pm

News

Good news. While the intercepts are not out of this world (~0.70% CuEq), the length of the intercepts is significant. This has the potential to exponentially increase the size of the deposit. . https ...more

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Comment by Helioson Aug 03, 2011 3:51pm

RE: Scotia Capital Initiates Coverage

Who just dumped or gave away their LCC shares for $7.20?

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Post by Helioson Aug 03, 2011 2:37pm

Scotia Capital Initiates Coverage

Hi LCC shareholders,Just in case you didn't know, Scotia Capital initiated coverage on LCC on Friday with a BUY and $9 target. This might be the reason for the moveup in Share price the last ...more

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