RE: SGF taking a beating as we speak...Sgf welcome to the slaughter house.
It's only one days worth, we've been suffering a year.
With that grade 0.029 and previous diamond parcel valuation of $130/carat, one would conclude uneconomical.(North)
(need 35 tonnes for 1 carat for $130)
As mostly into AU investing, would be looking at 1 gram/tonne min.
(34 grams per ounce AU at $670, 1 g/t for $20/tonne)
One carat, at $130 = 1/5 of a gram, or 0.2 g/t ($130)
0.2 c/t = 0.04 g/t or $26/tonne, but at...
0.02 c/t = 0.004 g/t or $2.60/tonne... a gross figure - costs
Not Good At All
Leadbetter will be superior.
Cheers, Mark