Post by
rockhound3 on Nov 10, 2021 7:45pm
UNDERCAPITALIZED ! + LACK OF COMPETENT MANAGEMENT=
Nevada Copper!!
Do we think that the PALA website will now mention NCU?
Clearly the young men are trying hard to learn how to be players!
Which one of the 3 amigos is "the" managing partner " or?
Patchh do you realize that you could go to jail for reading this in the USA?
NGU - how did they manage to process so much copper?
Likely the book will sell well when it comes out!
Who knows what will happen tomorrow?
stay tuned = this story isnt over YET!!!
Rock
ps any significance that this comes out on the eve of "Rememberance Day"?
Comment by
patchh on Nov 10, 2021 7:53pm
go to jail.... sounds like U hav a few not 4 sale in USA - stashed in the cubbard...
Comment by
Notgnu on Nov 10, 2021 8:07pm
Rock... Are you being sarcastic? That is just a tiny 'starter' amount of copper. It is the result of very few actual stope mining days or hours within the quarter and a lot of low grade development ore being run through the mill. That 124 tons of copper (248,000 pounds) is less than 10% of what will be coming when running minimally diluted ore at 3,000 tpd. N
Comment by
Notgnu on Nov 10, 2021 8:10pm
Sorry, and that was as though the 248,000 pounds came from 1 month. Based on 3 months that is about 3% of copper output when running fairly undiluted ore at 3,000 tpd. N
Comment by
Notgnu on Nov 10, 2021 8:15pm
Once up to name plate (now a year later than originally stated) the underground will blurt out about 5 millon pounds per month at the 5,000 tpd operation level (or in other words, 2,500 tons of copper, or 2,200 metric tonnes of copper per month.) ... and more yet at 6,500 tons per day of production. N