OTCPK:DRLDF - Post by User
Post by
R_J_on Sep 18, 2017 11:00pm
170 Views
Post# 26712101
News - 55% Increase in Grade by Using New Technology.
News - 55% Increase in Grade by Using New Technology. Ore Sorting Increases Grade of a Bulk Sample by 55% at Dalradian's Curraghinalt Project -
https://s1.q4cdn.com/162468244/files/doc_news/2017/DNA_PR-Sep-18-2017-ore-sorting_final_no-images.pdf -
Louis James Comments Quote:
-
We’ve seen gold mine developers try ore sorting technology before, but we’ve never seen it work so well.
-
It’s one of those ideas that seems great, in the lab, but often doesn’t work as well as hoped, in practice.
-
In this case, the success rate, and the boosts to recovery and grade are spectacular.
-
If the equipment can deliver even half of these improvements in the actual mine, it would greatly increase the already excellent return on investment.
-
That in turn should make it easier to raise the money needed to build the mine.
-
Best of all, from what we now know about . . . . companies, once the Construction Decision is made, our odds of high gains are very good—whether or not this technology works as advertised after First Pour.
-
This leaves permitting the key hurdle ahead, in our view, and we hope to see more news on that front soon.
-
Meanwhile, this stock is having a good year and remains near it’s 52-week highs, . . . . -
End Quote.
-
RJ