RE:RE:RE:RE:Sprott close to tipping back in...goldhunter11 wrote: JimPro,
Thanks for your verification.
I noted GeoDan's observation about they found some boulders during the preparatory process. I just posted on ceo.ca some observations as well...one was that they seemed to dig the ore-drive in the shear layer, see link below (copy and paste...since I don't know how to make a link clickable, lol)
https://cdn.ceo.ca.s3-us-west-2.amazonaws.com/1eqnevs-SharedScreenshot5.jpg
Also, I just check SEDI Insider Report and saw that Eric Sprott has bought in the open market (over 1Ms) at the beginning of the year at a price of ~C$0.63/s. Presumably, his original investment was at a much lower price. Just wondering why he is called an insider while his current holding is less than 10% (48M shares, or 48/606 = ~8%). Even Westgold with 57Ms would account for only 9.4% (not an insider, strictly speaking).
---copy of ceo post below for those interested, Ref Slide 21, Sept Corp Presentation --------------
Not sure what it means by smearing, but the Tech Report on BH (sedar 12 August 2019) discussed how they treat the drill data, including (a) cut-off at 1.6gpt (for economic viability), (b) ordinary "krigging", interpolation/extrapolation (smearing?), (c) solid boby modelling, and (d) capping = top cut? for high-grade intercepts so that their RE (Section 14, page 77) would be on the conservative side (as required by the regulators). There is a table, Table 14.5, that shows various capping for various domains on page 89.So, it would seem that the Tech Report exclude the high-grade zones in the RE (presumably, RNC knows where they are, so they may decide to mine those areas as well during the actual mining process. If the PoG keeps on going up, they may decide to reduce the cut-off to something lower than 1.6gpt? Alternatively, they may expand Baloo operation since open-pit is generally cheaper. They may just stockpile the stuff from BH. There is optionality here.
__________________ JimPro66 wrote: I think Geodan2's point is that they will also find some boulders in the prepartory process even before they do this 180,000 ton mine ouf of the stope in question.
So your numbers are good and conservative as more bonus finds may be made.
Jimpro, on the assumption you already know how to copy a link that you want to paste on here I will offer the following:
With your link copied go to the bottom of the post and click on "Reply" or "Quote".
That brings up the screen where you can post data and at the top of that space is a task bar -- actually a two line task bar.
On the bottom line 5 over from the left is a symbol that looks like a bent paper clip.
Do a left click on that.
Up comes a pop-up box.
Move your cursor (mouse) to the left side of that box and do a right click and select "paste" -- then left click "OK" -- then right click "paste" -- then left click "OK"
That will place your clickable link in your post. You can add whatever you want above or below the link before you click on "Post".
Also, if you wish to give the link a different name other than the link itself then instead of hitting paste the second time you will see the blinking cursor and you can type in whatever you want as a title and then left click "OK".
Hopefully that helps and hopefully I got my clicks in the right order. Try it out.