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 Spikearoo1on Jun 02, 2021 2:00pm
127 Views
Post# 33311796

RE:RE:RE:RE:RE:RE:RE:RE:There’s something wrong with the treatment charges

RE:RE:RE:RE:RE:RE:RE:RE:There’s something wrong with the treatment chargesThey have been talking about the LeachOx for a while now.  Baffels me that they are taking their sweet time trying to bring the process through full testing and getting it going.  I suppose it had to deal with $$.  Still I would have thought that a lender or PP to get that up and running.  They may have turned a profit earlier.  
Regardless, I am pleased that they turned a profit in 2021.  I wasn't expecting until 2022.  

What is also interesting is the tailing pond that is sitting on a good amount of gold / silver.  I suppose the LeachOx process will filter that out as well to extract as much of the PM as possible?  
That alone could provide a decent return.  If I recall they estimated 300,000 AU Eq Ounces and even if they can recover 50% of that would be amazing... 150,000 x $1900 (est) = $285,000,000 which should more than cover their costs and pay off all their debt.  

So why are they waiting to get this going like yesterday?  

Anyhow, it may be time for me to reach out to Ralph to connect with him directly on this to get further details.


<< Previous
Bullboard Posts
Next >>