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

TELSON RESOURCES INC SOHFD



GREY:SOHFD - Post by User

Comment by shakeypremison Mar 17, 2018 9:29am
66 Views
Post# 27732972

RE:RE:RE:RE:Quick Video with Telson Mining President Ralph Shearing

RE:RE:RE:RE:Quick Video with Telson Mining President Ralph ShearingLooks like my own very rough calculations from some months back were somewhat accurate (although only based on Campo and not T);

Gold: $1300 Silver: $17 Copper: $3.20 Lead: $1.15 Zinc: $1.5

I have also included an 80% discount to the market value of the metals to hopefully account for AISC. Allowing for a huge discount to the market price should mean the figure I come up with should be below the figure for the gross profit Telson achieve for the Campo Morado mine per year.
 

Metal Au g/t Ag g/t  Cu (%) Pb (%) Zn (%)
Grade 1.84 137 0.82 0.95 4.56
g/t conversion 1.84 137 8200 9500 45600
2500tpd (grams) 4600 342500 20500000 23750000 114000000
2500tpd (oz,lbs) 147.9099678 11013 45194.71 52359.73 251326.68
Recoveries (percentage) 0.25 0.38 0.68 0.6 0.7
Recovered metal per day 36.97749196 4184.9 30732.4 31415.84 175928.68
oz/lbs 36 oz 4180 oz 30700 lb  31400 lb 175900 lb
Values at current market price 48070.73955 71143 98343.69 36128.21 263893.01
Total  517578.7396        
Total (80% discount) 103515.7479        
300 days operation per year (80% discount) USD 31,054,724.37  

Even with a massive 80% discount to the market values of the recovered metals for 300 days operation at Campo Morado $31m profit per annum might be acheiveable.

<< Previous
Bullboard Posts
Next >>