GREY:NATUF - Post by User
Post by
miningmanon Aug 24, 2006 9:58pm
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Post# 11270604
Goto Sedar
Goto Sedar and check out managements discussion on the financials!!!!!
Heres the highlites.... Mill head grades almost constant for 9 months at 1.1%. Reported reserves are 1.7% or thereabouts.
But thats not the best bit. Reported production for the quarter of 262,212 tons at 1.05% WO3, to supply 175,000 MTUs calculates to a mill recovery of 63.6% . It doesnt matter how hard the miners try. The mill puts 36% of the tungsten into the tailings pond!!!!!
No wonder the pond is full.