GREY:RNKLF - Post by User
Comment by
factRbeston Jan 24, 2018 8:41pm
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Post# 27428393
RE:RE:RE:RE:Some Questions About RNX
RE:RE:RE:RE:Some Questions About RNXwombat4gold - (1/24/2018 8:14:03 PM) RE:RE:RE:Some Questions About RNX "A economic operation at Beta was based on 3.5 g/ton gold. Their last number was 2.17 g/ton so every ton loses money."
I do not know a single mine in kalgoorie with 3,5 g/average grade. in the united states many have 0,8 and doing fine if the mine is big enough, open pit....
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It was RNX who claimed the grade would be 3.5g/ton
Check the April 2016 presentation.
www.rncminerals.com/download/SLM+Exploration+update+Apr+4_FINAL.pdf
SLIDE 10
Flawed PEA which they refuse to admit.
Nickel will make Beta profitable but the hard heads who run this will prove the Gold is there even if it means going broke.