TMAC Resources Inc. T.TMR

woo hoo!! 90% recovery rate in August

[riverrrow]

Too bad a year too late. GLTA.

[15Stanmore]

All my number crunching suggests that SD Gold has a bargin purchase price at $1.75, which if not approved for some politically motivated reason (we can't possibly sell to the nasty Chinese an benefit from their capital flowing into Canada to exploit this important deposit in the north), puts this opportunity back into the market. Yes, it will need a buyer with access to significant capital

[riverrrow]

I don't suppose there's a secret performance clause where if management gets the recovery rate up to the initial target of 90% the buyout price goes up substantially. Well, it's a nice dream. GLTA.

[TeamEddie]

are you guys clueless? It was all from stockpiled from the highest grade area 

[riverrrow]

Feel free to explain how using stockpiled ore affects the recovery grade.

[TeamEddie]

it was from a high grade zone stockpiled and known, they need $700m to $1Billion to mine anymore of that grade