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Bullboard - Stock Discussion Forum Wheels Group Inc GRFJF

GREY:GRFJF - Post Discussion

Wheels Group Inc > Western in place producing compared to
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Post by uncviper23 on Feb 19, 2008 5:06pm

Western in place producing compared to

Vista Gold here are a few excerpts from VGZ's webpage.

Vista Gold Corp. is undertaking a definitive feasibility study for its Paredones Amarillos Project, as previously reported, that will examine potential development scenarios in the range of 130,000 - 150,000 ounces of gold production per year from the gold resources at the project.

The cost estimates assume an open pit mine and whole-ore leach processing with estimated metallurgical recovery of 91.5% to produce an average annual gold production of 117,000 ounces of gold per year over its 12.4-year life.

These seven properties host 9.9 million ounces of measured and indicated gold resources and 3.9 million ounces of inferred gold resources.

***** Vista has about 5X's the in ground but plan to produce yearly about what WGI-T/WGW is already aimed at producing this year though VGZ has about 5 times the in ground and in various locations.

I don't understand why this didn't pop but I fundamentally I believe it will move as soon and they issue confirmation everything is on target.

Just used the Vista stuff as comparisons.  We're good here.  There just trying to tick me off.
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