KAISER REPORT - BLAST FROM THE PAST2011 Spanish Mountain Gold - Kaiser Opinion - Fun to read reports form the past - reading the expectation of where thery tohught gold would go backthen... funny thing is - spot gold is far higher now that - 2011
Why would i bring an article forward from 2011 ? Very simple... i decided to post this, not because of the opinion of what another may think
SPA is worth, but rather, to bring attention to something that i wanted to speak about for
sometime, yet forgot to write about...
ORE SORTING - Is a technique that assists the headgrade gram value prior to gold entering extraction circuit.
Quite important - all because it's the preception of what a junior can do to the ores prior
to processing the ores in the - main extraction process.
Other juniors run an ore sorting process in which reduces the ores and increases the grade of gold prior to processing -
Ruuning a ore sorted process to reduce waste ores while increasing gold/grams in a pre concentrate - will do one thing - beautfully - it takes a 1/g gold value per tonne and potentially increases the game value in a pre ore sort concentrate to multiple gamrs ...
When inserted into the pea or pfs -
suddenly the metrtics look very appealing.
It's the comparable of what the junior originally outlined - processing xxx tonnes oper day
With the ability to - increase the tonnage - through speed of processing - arriving at the end outcome of - doubling the tonnage - to create a pre ore concentrate prior to - extraction circuit.
1 gram convertedto 2 grams.
Accomplishing this - and in same time frame as priopr report in which to compare metrics...
It's then... the junior then has something - twice as valuable...
Or, i should say... it would turn heads.
Which brings me too...
suppose SPA did have graphitics....
And suppose the - extraction flow sheet - was tweaked.
And suppose the carbon was first dealt with in a manner by which most all carbon was
removed - floated... by means of, additional pine oil or other, assisting the carbon to separate from the gold ore.
Could this be considered a ore sorting - or better yet - could a process br developed whereby,
it sorts the carbon prior to extractio ncircuit in a wash plant / tank -
If such could be accomplished - i wonder how faster the - carbons - could be - extracted.
- i wonder how many kg's the origina lore tonnage could be reduced by
- i wonder what the gold gram concentrate would increase by
- i wonder how much tonnage could increase vs former metrics
- perhaps this is where - smarts - come into play - - does one half mil lthe ores prior and only have to remill prior to - 2nd float stage ?
- or, fully mill ores to a 325 mesh - and - create a pre ore sort....?
= allowing for a potential
= increased headgrade
= better metrics
Yeah... ore sorting.
Could this be applied to Spanish's ores ?
Could be a good idea.
Waht did Kaiser sayabout Sapnish Mountain in - 2011 ? Take a gander...
TGR: So if we assume $1,500-2,000/oz gold prices, what are some of the juniors that could profit in the next year or so?
JK: One that has been an ongoing recommendation is Spanish Mountain Gold Ltd. (SPA:TSX.V) , which was formerly Skygold Ventures. It trades at about $0.80 right now. At a gold price of about $1,750/oz, it has a potential value of just under $2/share when I run the parameters published in the junior's 2010 preliminary economic assessment through a discounted cash-flow model at a 10% discount rate. At a gold price of $1,100/oz, Spanish Mountain is worthless. So this is an example of a large-tonnage, low-grade deposit, which at the prices from a few years ago is basically dead in the water.
But at the $1,750 level, it's potentially a $1.50-2 stock. If gold ends up at $2,500/oz, I could see Spanish Mountain being worth $4, but only if such a gold price rise is not accompanied by capital and operating cost escalation. I certainly do not rule out a spike toward $3,000/oz over the next few years-$3,300/oz right now would be the equivalent to $850/oz in 1980 if we take gold's value as 26% of GDP as the bubble limit. Although unsustainable, such a move would create a tidal wave of interest in the sector. It would trigger a gold price valuation paradigm switch for gold equities similar to what I am predicting for silver. People would start taking the current prices seriously and plug them into their cash-flow models instead of using $1,100/oz 3-year trailing averages for gold projects.
Instead of suspiciously viewing today's gold prices as a trend that will end terribly, people need to look back at a long-term gold chart from the early 1970s when the price went from $35/oz to $850/oz. Yes, that was a hyperbolic chart and it still stalled out. But gold stalled out at $400/oz and stabilized there. And that was a huge, 500% real increase. So we had 30 years of gold production where all this fruit that had previously been very high in the trees was suddenly turned into low-hanging fruit that the mining industry systematically harvested and added 2 Boz to the 3.2 Boz that existed in 1980. What we are witnessing now is on a somewhat smaller scale, but if you use this measure of the gold value as a percentage of global GDP, then the current percentage of about 12% is still halfway from a bubble limit where it starts becoming too much of a self-fulfilling phenomenon that has to burn out and crash back.
LINK - https://www.streetwisereports.com/article/2011/11/14/john-kaiser-gold-as-a-positive-economic-indicator.html Has anyone attempted to read - Osisko's ODV sedar files on Cariboo and Nevadas projects -
writtien in - French ? lol
Cheers...