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

Royal Nickel Corp. RNKLF



GREY:RNKLF - Post by User

Comment by Stunneron Dec 06, 2018 11:47am
96 Views
Post# 29076115

RE:RE:RE:RE:RE:Nov 28 nr

RE:RE:RE:RE:RE:Nov 28 nrFrom the horses mouth. 
World Gold Council .....defines a high quality underground mine as having a gold ore of between 
8-10 grams per ton. 
A low quality underground mine has a density of 1-4 grams per ton. 

Open pit mines tend to have a lower grade , but can be quite valuable due to lower operating costs.

the Council also recommends using cost per ounce , not gold grading , to evaluate a gold mine. 

So this is what we need to see. As far as I have seen our costs have been way down since FDV discovery. 

And early core results ( my opinion) would need to be between 7-9 grams per ton to move the stock price in the direction we are all looking for. 

Cheers.
<< Previous
Bullboard Posts
Next >>