RE:RE:RE:RE:RE:RE:RE:Pump it up - Pump it upI need them to say they, or more specifically the consultants, have a saleable product. They are not there yet. This doent take rocket scienece or tens of millions, just get it doen already!!!!!
As the beneficiary of the TUD free ride on my TUO and AMK shares, Id like them to really step it up!!!!!!!!!!!!!!!!!!!
Jetstream1281 wrote: As I've started before...If you read the report, the following is made very clear:
- A 45% of the gold in CS-600 can be achieved by a 2.5% mass pull gravity concentrate...that is normal and saleable
- They are currently sitting at a 24.2% copper con on CS600L which I can guarantee you would be saleable in the current market..do your own research....last year 25% was thr average concentrate....that means for every one over that there is another under that was sold....in any case, the further test work for that they say is currently happening.
None of this test work could be done prior because the samples didn't exist....
They state that after oxidation, the gold CAN be leached....anyone with a chemistry/smelting background knows that is true of ANY ore except those with preg-robbing characteristics...which this ore doesn't have.
So basically at this point all that remains is the further fine grind testing on CS-600, and then determining if that in conjunction with oxidative leaching would be economical....
Normally I would agree that at that point you should do a PEA....except there is more and more evidence that there may be a significant high grade system there....in this case I actually agree with Ken that you should determine that first as it will basically void any PEA currently in place....
I also think that Ken is looking to fast track this once he gets going....he's going to go very quickly from a PEA to a PFS/FS which is why he's doing the other work he's currently doing.
Larry60 wrote: they still have no plan for processing the ore. they dont have a viable concentrate yet. THey think they may be able to do it certain ways, YET THEY HAVE YET TO DO SO. Just throwaways.
Usually youd have a deifinitve saleable product already. They dont. THey admit they dont. BUt think they might if they do a, b and c...............SO I WANT THEM TO DO A, B AND C ALREADY!!!
Sorry for the caps. very frustrating that they keep draggin this out.
Jetstream1281 wrote: Larry I'd like to know exactly what you mean by "figuring out the metallurgy"....