Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Newstrike Capital Inc NWSKF



GREY:NWSKF - Post by User

Bullboard Posts
Post by Zeffirinon May 10, 2011 10:31pm
570 Views
Post# 18557535

Take over by Goldcorp

Take over by Goldcorp
The grade of the ore at Los Filos is 0.63 g/t (proven+probable 275 Mt for 5.6 M oz) which is not very high.

My though is if Ana Paula will become a large ore tonnage gold bearing body (over 200 Mt), with a grade above 1 g/t, then Goldcorp won't have the choice to buy NES. The fit will be perfect to mix the ores of LF and AP prior to the mill feeding.
 
As an example a 50-50 blend whould increase right away (with not much more investments : a 90 kms trucking for the AP ore, which is marginal, and some minor ajustments at the mill) by approx 30% their gold production (((.63 + 1.00)/2)/0.63)-1.

Let's hope NES ore grade will be higher of 1 g/t !
Bullboard Posts