NYSEAM:SVLC - Post by User
Comment by
junior_mineron Nov 29, 2009 10:03am
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Post# 16533959
RE: RE: RE: RE: RE: RE: RE: RE: RE: Second questio
RE: RE: RE: RE: RE: RE: RE: RE: RE: Second questio"Based on the original 43-101, there would be about 350,000 oz of gold and in excess of 20 million oz of silver left in the heap leach tailings, including the u/g ore."
Yea? Were does it say so?
"Mill recoveries will be in excess of 90 % , so the potential to expand the mine life by conventional milling is quite substantial."
Why not to develop milling operation to begin with. They save in upfront capex, but pay for first heap leaching and the milling the same ore. Not very commonly used approach.
"Junior-miner, should we genuflect that you have blessed this board with your august presence ?"
All I meant to say I think it's undervalued, otherwise I wouldn't be here playing my mouth with you. So stop being juvenile.