Post by
HardRockMiner3 on Nov 18, 2010 8:56am
Missing Gold
I'm going to go out on a limb and say the 2700 oz's of gold was lost somewhere in the milling circuit. I say this because no mill is 100% efficient. So the company is most likely looking at each process to find the shortfall and
fix it. I'm not a mill guy, but I've been around a few of them and they are always striving to reach the best recovery rate they can, the elusive 100%. So the company still has the gold, they just haven't recovered it in the process.
This makes more sense to me than a thief, but just my opinion.
Comment by
goldpet on Nov 18, 2010 9:29am
I don't know. I know next to nothing about how their processes go, but if they THINK it was stolen, then I would suspect it was stolen. Why wouldn't they say anything besides that. If it was lost someway in the process, then that maybe recoverable and doesn't make you look as incompetent as if it was stolen IMO.
Comment by
romara on Nov 18, 2010 9:47am
HRM....I think you are right on track....probably already recovered into dore....and sold as we post....4Th quarter will probably clarify the situation.......Richard
Comment by
arthur7440 on Nov 18, 2010 10:14am
You said it, old management or New Management I see no differance they have gotten more geedy (make you look as incompetent ) how very true