Post by
EricLeboeuf on May 19, 2018 8:47am
TIM drilled 892$ per ton in open pit shell !!!!!!!!
Taking the average grades of only the Au, Cu, Ag and Zn of the last drilling (see PR's July 2017)
Holes hit from 50M to 135M
Averages:
Au 6 g/t = 250$/t
Cu 6% = 390$/t
Ag 2oz's= 32$/t
Zn 7% = 220$/t
We get 892$ US per ton
This without any nugget effect!!!!!
And I would be very supprised if these results were included in the resource calc as it came out also in July 2017
Inventories of the metals (Cu, Zn) are very low (see kitco 5 year charts), prices should continue rising
and for Gold....Inflation, lower production and higher costs from the big miners will propel its price
Do your DD, It's worth doing it on this one, You will love it !!!!
Comment by
spexstox15 on May 19, 2018 6:55pm
Great post once again Eric. I again suggest as previously, the train is just leaving with lots of room ahead on this one. Enjoy the ride as news flow unfolds as the company advances.