RE: RE: Gold/Silver/PMs at PLS Losecash:
By my calculations, you can add in the range of $0.31 to $0.35 for every gram per ton . So approximately 3-4 g/t could give you an approximate $1 increase...under ideal conditions.
I think at this stage 50M lbs. is on the high side while 36M lbs. is conservative. But it took Cluff Lake a lot longer to get to the stage that AMW is at now...and this only after 1 real season of AMW exploration.
Now, this is not taking into account any silver that will be present or any precious metals, and even possibly economic copper/nickel/cobalt values.
I have read their Ni 43-101 report on Sedar where they have posted ICP results. (Very nice summation for any newbie of the complete history including ICPs and all analysis available at the time).
I was particularly interested in the ICP lead (Pb) numbers, as that is usually a good indication of silver and gold. Past analytical experience indicated that the higher the Pb values the greater the gold/silver content. On some of the samples Pb is in the % range. Can't say for sure but that could be an indicator of good Au/Ag values. Remember this is my personal opinion......... with a little hint from mgmt. Assays are pending.
What I find interesting about the Ni 43-101 report is that the ICP results on the boulder field are somewhat different from the ICP results on the drilling samples, leading me to think that the main very rich boulder source is yet to be discovered!
As always, DD is priority one!
Solver