OTCPK:MEAOD - Post by User
Comment by
JRaffleson Apr 26, 2012 3:23am
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Post# 19837469
RE: RE: RE: More misrepresentation - for shame
RE: RE: RE: More misrepresentation - for shame The site is more promising than we thought. We could double our original forecast.
We should hope for the best …… but there have been no information “leaks” in relation to grade….
If the gold ounces were doubled but the grade were halved, then the cash cost of production would be ~ $1,000 ounce.
The directors have been economical with the release of complete information in the past and I would have thought that if grades were above expectations, then that production metric would be released in the forefront of any other “off the record” information leaked by the board.
Some here have questioned the excess mill capacity …… but if the ore grade was lower than expected, then the ball mills may have to be worked to their limit in order to crush lower grade ore.