RE: How I get 0.02 - TobyThe CEO told two different individuals, at two different times that the 19,200 kg reduced to approximately 6,000 kg of concentrate. They sent 5.1 kg of the 6,000 kg to the lab for analysis. That's where we are at: the black & white interpretation of the NR versus what the CEO has told investors. The literal interpretation means Mkuvia is simply not economic, a complete waste of time to explore and DLKM a sure bet short. Investors who are absolutely convinced that the grade is 0.018 gram/ton should short sell the crap out of the stock because 5 cents is where the stock will go, IMO.
Conversely, what the CEO told investors i.e. 6000 kg concentrate from 19.2 tonnes, means we have a first class gold find, tremendous economics and perhaps a once in a decade stock appreciation potential. What myself and several others are trying to get is simple answers to simple questions out of the company, which has not be forthcoming. Hopefully, one of us can get a hold of Harp and clear this up once and for all.
FWIW, Here's MontyHigh's conversation notes with the CEO from December 23rd. I highlight the key information.
I just spoke to Harp and here's what I understand:
(a) There were 19 tonnes of original sample material run through the concentrator.
(b) The output of the concentrator was 6 tonnes of material.
(c) From this 6 tonnes of material, 5.1 kg was selected and sent to the assayer.
(d) The assay results are 70 grams gold / tonne of concentrate.
(e) The assay results reveal that there is roughly 23 times more gold than platinum and even less palladium and silver (relative to gold).